In fact banks are the ah longs with license that have the highest interest.
High interest mostly applied for business sector.
For consumer,consider cheap after taking into consideration of the cost of fund.
p/loan is high interest,thats where the trap is.
to be honest,the consumer market is too dense and not worth further venture.if u notice,banks are no longer agressive like mad fighting over housing loan sector.now they focus on sme,corporate are handled by head office.
for housing loan they only focus on hot area.
where does they make the easiest money?
service charge....od account,statement request,and all.
making money out of nothing.
