PRACTICAL MODELS FOR REPAYMENT OF CONSUMER CREDIT. CRITICAL ANALYSIS
PRACTICAL MODELS FOR REPAYMENT OF CONSUMER CREDIT. CRITICAL ANALYSIS

Summary/Abstract: In practice handling a problem of consumption credit is based on the following two definitions of the fundamentals of cost reimbursement namely consumer credit cost and the rate or fraction to pay by a debtor to repay debt. Adopting certain models of repayment of consumer credit, the debtor repays actually less than he owes the lender. There are many other justifications bearing microeconomic or macroeconomic policy, and even for such practical situations. In this paper there are presented and analyzed some neoclassic models for repayment of consumer credit

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