Which is better source of loan banks or money lenders? why
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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.Oct 15, 2019
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As per me, i think banks are better source of loan...
Because,banks has their fixed intrests but, money lenders fix their intrests as per their choice...
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