Question

give one reason why the banks and cooperative are popular lending agencies?

Answer 1

banks and co operatives are popular money lending agencies because 
1) they are safe
2) they have less interest on loans
3) they have high security

hope it helps.............

Answer 2

Answer:

The new year promises a lot of action in the interest rate space and the first half of 2011 will see rate hikes is the expert prediction. For a person looking for a loan, the rising rates are only a part of the problem. And the terms on which you will get the loan may not necessarily get any easier either. So if you want to sidestep the rate barrier when buying a house and want the loan on slightly easier terms, you may want to look at cooperative banks.