Dmort Business Solution

Bad news for all those who believed that the crisis would bring a reworking bank where the loan would be the items banks and financial enrichment to become a tool for economic recovery and employment. No: it looks like we’ll have a consumer credit more expensive.

The heads of financial institutions during the III said Specialized Consumer Credit held in Madrid, at the invitation of Undead Editorial and TDXIndigo, predicted that funding, and particularly consumer credit, are to live a rise in costs that affect borrowers.

A prediction based on current trends in banking reorganization, a reworking that seeks to combat the high default rates with a policy that the European Central Bank has been called “responsible lending.”

This line implies higher studies and research and requirements for the granting of credit, and leads to a higher administrative cost, to be paid by customers fastened commissions and interest.

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