Credit And Loan Practices Consumes Rights And Obligations And Government Regulation

Question

Visit a financial institution and obtain details of loan applications. What information is the consumer given about the loan, the effective interest rates and total costs? What are the consumer’s rights and obligations? Should governments provide less or more regulation of credit practices?

Summary

The question belongs to Marketing and it discusses about visiting a bank and obtaining a loan application and finding out information that is mentioned in the application about the effective interest rates, total costs, etc.

Total Word Count 94

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