Problems and Suggestions Regarding Consumer Credit in Bangladesh
19 Pages Posted: 24 Dec 2008 Last revised: 23 Jan 2009
Date Written: December 23, 2008
problems relating consumer credit scheme, which is identified by the consumer credit customers. These problems are high interest rate, high processing fees, lengthy procedures, difficult to proof actual income, huge documentations, delay response from the bank employee, quotation providing problems, lack of cordial behaviour, small frame of time, hidden charges, insufficient financial support, negative attitude towards low income group, late payment fees are so high, early prepayment fees are too high, clumsy application form, critical procedure and guarantor problems. Most of the customers of the relevant sample banks identified problems in their own banks.
Keywords: Problems, Suggestions, Bank, Personal Loan, Bangladesh
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