it is beyond my understanding as to why the government is hell bent on favouring these banks - why not tighten the noose - strict rules and regulations on reimbursement of loans and issue of credit cards on verficaitons of credietials and ability to pay. that it. " duk raha hai sir aur kut rahe he pet " - headache in the stomach ? why don't the authorities take to task these ' le bhagu banks " !!! first we invite trouble and then try to mend it by all possible ways and means.
RE:loans ....
by jailab eqbal on Apr 29, 2008 11:18 AM Permalink
a credit card regulatory authority will possibily the solution? loans given at a interest rate agreed to by the customer is charged at a very high credit card interest rate sometimes deliberately not sending the statements on time to make the customer "default" to charge the "late fees" and interest on the late fee
