History, asked by gracehaveela333, 1 month ago

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

Answers

Answered by devindersaroha43
1

Answer:

Explanation:

Answer: It is usually because bank interest rates can be lower. ... Banks typically have a lower cost of funds than other lenders. ... Thus, banks have easy access to those funds to lend out.

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