Social Sciences, asked by shariqasulthana2005, 5 months ago

What are the reasons why the bank might not be willing to lend a certain borrowers

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Answered by maghizhinians

Answer:

Banks might not be willing to lend to people who cannot provide collateral, who do not have steady earnings or jobs, and who have a history of non-repayment of loans. In such cases, banks do not have a guarantee as to whether or not the loans will be repaid by the persons concerned.

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