Indians are not good at paying bills on time, even educated and well earning people procrastinate their bill payments, i really wonder if banks could get enough of new customer base following this policy, seems they are just finding ways to avoid lending credit in times of recession and increase loan rates for existing borrowers, earlier these same banks used to give loans to people who even did not have jobs, good way of cleaning up financial mess.
Loan approvals may be linked to phone bills
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