Sunday, April 12, 2009

Truth Behind the Lending Practice

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Here is a video that tells about the Lending practices being practiced by the high street banks. A top executive from a leading financial institution of UK reveals the secrets of banking practices that are being practiced by the leading banks throughout the world to multiply their profits. Banking industry is one of the biggest machines that pushes borrowing and make enormous profit. They are encouraging the customers to lend more beyond their ability of repayment to increase their profit. A true story of debt suicide also opens up the gory face of the credit lending companies and their fatal practices.

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1 comments to "Truth Behind the Lending Practice"

Teresa C said...
April 28, 2009 at 9:04 AM

This is an eye opener. Thanks for posting this. A well-written, informative blog on personal finance.

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