A good method to reduce bad debts
by Omar sharif on May 19, 2005 10:44 PM

At first sight it seems like an intervention into one's privacy. But a deeper look clearly shows one thing--- that if you are good, the system is good to you (you need to pay less interest) and if you are bad, the system treats you accordingly.
With the rise of financial institutions in India and easy availability of credit, such a system is timely called for

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