Competition between banks is also apparent in their efforts to provide various convenience services. I broker products from 11 commercial banks, four of which provide 100% secure income pre-qualification. Longer term consumer friendly loans Two of these do not provide this service for longer term consumer friendly loans. In the case of one of the […]
Month: October 2019
Meaning of the Continuous Credit | The revolving credit.
The revolving credit is a relatively new form of credit. It was introduced in the sixties of the 20th century. It is a lucrative form of credit for banks. Consumers can borrow money at variable interest rates, always with a certain maximum credit at their disposal. In the 1960s, Dutch citizens lost their fear of […]