Social Sciences, asked by Kushal11111, 1 year ago

Why do lenders ask for Collateral while lending?

Answers

Answered by kansebhagwat

Hello Subbarao, If the borrower fails to repay the loan, the lender has the right to sell the asset or collateral to obtain payment. ... Possibility to achieve regulatory capital savings by transferring or pledging eligible assets.

Answered by Yashodhanhakke

Lenders ask for collateral b fore lending money coz it acts as a guarantee that if u r unable to pay back his money he would make the use of collateral to get back to

Yashodhanhakke: Agar Mera ans thik lage to brainliest mark krdo plz

babykhatoon16: Thanks answer k liye

Yashodhanhakke: Np

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