Question

which is a better source of loans banks or money lenders? why?​

Answer 1

Answer:

It is usually because bank interest rates can be lower. ... Banks typically have a lower cost of funds than other lenders. Depositors (their retail customers) keep a lot of money in their checking and savings accounts. Thus, banks have easy access to those funds to lend out.

Answer 2

Explanation:

Banks typically have a lower cost of funds than other lenders. Depositors (their retail customers) keep a lot of money in their checking and savings accounts. Thus, banks have easy access to those funds to lend out

I think it is helpful