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Can the lender have a valid reason to sue the defaulter

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Reference no: EM131071548

If a money-lender charges an interest rate that is abnormally high the country's law rate and a borrower defaults payment, can the lender have a valid reason to sue the defaulter? What would the court rule in view that the lender has contravened laws and the borrower has defaulted?

Reference no: EM131071548

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