Economy, asked by namitashaw334, 10 months ago

Why the bankers are not agree to give loan two brothers?

Answers

Answered by dpriya76
0

Answer:

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Inheritance may be the primary reason for financial disputes among siblings, but other issues related to money can crop up as easily. Financial assistance in the form of loans has the potential to sour relationships, as do shared assets, especially if there is no clear, written demarcation or agreement.

Another unsuspecting cause of conflicts is the innocuous request by your brother or sister to be a guarantor for a home or personal loan. On the face of it, the request may appear harmless, but if you do not pay attention to the bank’s requirements, loan details and ramifications of the move, you can land yourself in a financial quandary. So, instead of rejecting it outright or blindly agreeing to be a guarantor for your brother’s loan, here are the questions you should ask:

Explanation:

hope it helps you!

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