why do banks not lend to certain sections of borrowers ?
Answers
Answered by
3
Because for lending loans, the borrowers have to submit documents and collateral. If we consider the poor sections of society, we can easily find that they don't have the required documents and collateral to take a loan. So , that's it!
MARK BRAINLIEST IF IT HELPS!
MARK BRAINLIEST IF IT HELPS!
bhavik7800gmailcom:
thank you
Similar questions
Computer Science,
5 months ago
Math,
5 months ago
Math,
5 months ago
Science,
11 months ago
Psychology,
11 months ago
English,
1 year ago
Math,
1 year ago
English,
1 year ago