Where do banks get the money to lend to consumers

asked Mar 17, 2023 3.5k views

5 votes

by Yuen

8.7k points

Please log in or register to add a comment.

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

8.9k points

9 votes

Answer:

Depositors

Explanation:

Alisha Raju answered Mar 21, 2023

8.6k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers