Why do banks or lenders demand collateral against loans
Asked by admin @ in Social Sciences viewed by 315 People
10 why do banks or lenders demand collateral against loans
Asked by admin @ in Social Sciences viewed by 315 People
10 why do banks or lenders demand collateral against loans
Answered by admin @
Answer:
Collateral security is an asset pledged as security against a loan by the borrower to the lender of the loan. ... so whenever any bank or any lender gives loan to anyone they demand collateral so that they can feel assured about the recovery of loan amount. it acts as a protection to the lender
Asked by admin @ in Math viewed by 292 persons
Asked by admin @ in Economy viewed by 461 persons
Asked by admin @ in English viewed by 502 persons
Asked by admin @ in Economy viewed by 297 persons
Asked by admin @ in Social Sciences viewed by 330 persons
Asked by admin @ in Social Sciences viewed by 306 persons
Asked by admin @ in Accountancy viewed by 3217 persons
Asked by wiki @ in Health viewed by 1241 persons
Asked by wiki @ in Social Studies viewed by 710 persons
Asked by vanshika149 @ in English viewed by 1103 persons
Asked by rajesh064 @ in English viewed by 1260 persons
Asked by jaylord7 @ in Mathematics viewed by 1059 persons
Asked by jesus643 @ in History viewed by 1349 persons
Asked by kavin044 @ in English viewed by 1229 persons
Asked by admin @ in Social Sciences viewed by 25863 persons
Asked by admin @ in Social Sciences viewed by 24229 persons
Asked by admin @ in Social Sciences viewed by 6607 persons
Asked by admin @ in Social Sciences viewed by 4182 persons
Asked by admin @ in Social Sciences viewed by 2404 persons
Asked by admin @ in Social Sciences viewed by 1814 persons
Asked by admin @ in Social Sciences viewed by 1473 persons
Asked by admin @ in Social Sciences viewed by 1417 persons
Asked by admin @ in Social Sciences viewed by 1405 persons
Asked by admin @ in Social Sciences viewed by 1353 persons
Asked by admin @ in Social Sciences viewed by 1344 persons
Asked by admin @ in Social Sciences viewed by 1313 persons
Asked by admin @ in Social Sciences viewed by 1307 persons
Asked by admin @ in Social Sciences viewed by 1238 persons
Asked by admin @ in Social Sciences viewed by 1110 persons