Select Board & Class

Login

Money And Credit

Question 7:

What are the reasons why the banks might not be willing to lend to certain borrowers?

Answer:

Banks might not be willing to lend to people who cannot provide collateral, who do not have steady earnings or jobs, and who have a history of non-repayment of loans. In such cases, bank...

To view the solution to this question please

What are you looking for?

Syllabus