why do leaders ask for collateral while lessening
Attachments:
Answers
Answered by
12
Answer:
Lenders ask for collateral while lending, as a security for the loans they give to the borrower. They keep it as an asset until the loan is repaid. ... It is against these assets that the banks provide loans to the borrower. The collateral serves as a security measure for the lender.
Answered by
2
Answer:
Leaders ask for collateral while lending, as a security for the loans they give to the borrower. They keep it as an asset until the loan is repaid
Similar questions