Social Sciences, asked by bhavik7800gmailcom, 1 year ago

why do banks not lend to certain sections of borrowers ?

Answers

Answered by keisambemsana
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!

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bhavik7800gmailcom: thank you
keisambemsana: You're welcome
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