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What are the reason why banks might not be willing to lend to certain borrow s |
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Answer» Yaa right answer Yaa right answee The reason why banks are unwilling to lend to some borrowers is because these people may not be Able to produce required collateral, documents and a garauntee for the repayment of loan. Thus banks are unwilling to some producers as it comes under the formal source of credit that demands proper documents for a loan.Hope this helps ...? |
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