I work in Middle East in Financial Services. Do you know which Nationality is preferred here by the banks to give loans and credit cards???? Indians. Most of Indians pay back money and shows more responsibility!
But in our country Banks are acting absolute criminal! They must stop it!
RE:Indians are preferred customers in Middle East Banks!
by joseph varghese on Oct 15, 2007 05:29 PM Permalink
Yes you are right, most od the indians wants to pay back, but these huge - horrible interests eating up their every thing, then slowly ... slowely they end up pennyless and default the repayment.... ; Then these banks use GUNDAS to recover the little left balance, for that these banks will spent many times more money for GUNDAS. THIS MUST STOP..... NEED STRICT ACTION AGAINST THEM.
