Economy, asked by piscisagi1217, 1 year ago

What is the reason behind the banks may not be willing to lend loams to borrowers

Answers

Answered by dithyanraj
0

Reasons for banks not to give loans are:

  1. if the borrower do have a proper collateral.
  2. if the loan is not for productive purposes the bank wont give the loan.
  3. if the borrower has a pending loan
  4. if the borrower wont be able to pay back by his job or salary
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