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What is the main reason banks loan money to consumers?

To eliminate economic problems
To make money
To provide a service
To meet government regulations

Respuesta :

bradenjp65
To make money I believe aka the rate at which the lone has to be paid back interest-rate
AntonioRamon

Answer:

To make money

Explanation:

The main idea of a loan is the return of the borrowed money. A loan is a contract between the customer and the financial institution for which the customer receives an amount that must be returned to the bank within a specified period, plus the agreed interest.

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