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Where do banks get the money to lend to consumers

Where do banks get the money to lend to consumers
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5 votes
Where do banks get the money to lend to consumers

asked
User Yuen
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8.7k points

2 Answers

12 votes

Answer:

Banks get the money from the people that deposit their money at the bank for a low interest rate and lend to the customers with a high interest rate.

answered
User Urasquirrel
by
8.9k points
9 votes

Answer:

Depositors

Explanation:

answered
User Alisha Raju
by
8.6k points
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