Borrowers and lenders need each other. Explain.

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asked Feb 9, 2024 71.5k views

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Chintan Parmar · Answer 1 · 2024-02-15T08:33:15+0000

Answer:

Debtor and lender are two faces of the same coin, with both earning from each other's needs like the debtor needs a loan for business to earn, and the lender needs debtors to earn profit through interest on the loan-related charges.

Borrowers and lenders need each other. Explain.

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