Where do banks get the money to lend to consumers

asked Mar 17, 2023 3.5k views

5 votes

by Yuen

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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.

Urasquirrel answered Mar 20, 2023

6.4k points

9 votes

Answer:

Depositors

Explanation:

Alisha Raju answered Mar 21, 2023

6.3k points

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