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13 May, 06:27

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

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Answers (2)
  1. 13 May, 07:38
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    Everyone might not be able to pay the loan back so the bank will be bankrupt and that's no good, is it
  2. 13 May, 09:47
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    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.
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