Economy, asked by shivangikandpal, 1 year ago

what are the reasons why banks might not be willing to lend to certain borrowers?

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Answered by abooknerd
9
BECAUSE THEY MIGHT NOT BE ABLE TO RETURN BACK, AS THEIR INCOME WILL BE SO LOW
THEY DON'T FIND IT SECURE
ALSO, LACK OF COLLATERAL IS ALSO ANOTHER ASPECT THEY CONSIDER
Answered by madhuvanidaram
6

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