6.5k views
1 vote
why do companies get higher interest rates than older established companies from banks when trying to get loans?

1 Answer

4 votes
When you go to a bank to open an account, you will find each kind of deposit account comes with a different interest rate, depending on the bank and account. The Federal Deposit Insurance Corporation (FDIC) reports that the type of accounts that usually earn the highest interest rates are money market accounts, savings accounts, and finally checking accounts.z..........!!!!!!
User SalysBruoga
by
7.4k points