Regardless of changes in interest rates or swap rates between the dollar and euro, each banker is aware that banks for centuries actually work with a base currency: consumer confidence. Any disturbance of the market in financial services could lead to withdrawal of resources and undermine and even threaten the survival of even those companies [...]
Do they know the clients of their rights in banks drawing consumer credit?
Just before 2 years was adopted Law on Consumer Credit (published in the Official Gazette, Vol. 53 June 30, 2006, with effect from 1 October 2006). This act put into legislation the European Directive 87/102/EEC requirements for consumer credit.
The law regulates [...]
Credit overdraft - advantages and disadvantages?
Many banks allow their customers to draw more than available in your account means, as this credit is provided in the form of an overrun of its stock - so-called “overdraft”.
Banks conclude specific agreements, which specify the maximum amount of loan and annual interest costs on loans, applicable from [...]
