Wednesday, October 8, 2014

RE: [MFP] Wonga under strick regulation

 

I totally agree with Chuck, the problem is that most MFI assume that their client know what it takes for them to pay back their loans without problems. In most cases their focus is on profits and they don't even consider how the loan is going to benefit their client. They forget that people get loan for different reasons some even out of desperation who may need proper guidance if they are to pay back their loans. My advice is that MFP should always be sure that their client are financial literate and are ready to get good loans. Auster

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Posted by: austerg <austerg@yahoo.com>
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