Lizasulaimani17 Lizasulaimani17

04-04-2020
Social Studies

contestada

Why is it bad for a bank to give a loan to anyone who wants one?

Respuesta :

04-04-2020

Answer:

The simple answer is because everyone that wants some may not be able to pay you back. So if they get along to anyone that wants one, the bank is risking never getting their money back.

Explanation:

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mirandaangela mirandaangela

04-04-2020

Everyone might not be able to pay the loan back so the bank will be bankrupt and that’s no good, is it

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