Economy, asked by sruthi6567, 10 months ago

What are the resources why the banks might not be willing to lend to certain borrowers? Write any three reasonss

Answers

Answered by terpiethy
0

1).bank do not wish to give loans yo the poor who have no collateral.

2).the borrowers who have not repaid their previous loan,bank might not be willing to give loan.

3).Lack of their education and job,bank required proper documents and security against loans.

hope it helps somewhere

Answered by MRSmartBoy
3

Answer:

Banks might not be willing to lend to certain borrowers'. Why is it so? What can be done to solve this issue?

Similar questions