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What is the purpose of money lending?

Updated: 4/28/2022
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11y ago

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The role of lending money is to help developing countries,in order to get job done

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11y ago
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Q: What is the purpose of money lending?
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What were the most important purpose of early banks?

The lending of money.


Is there much money to be made in hard money lending?

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Difference between funding and financing?

Funding is money provided for a specific purpose, often by an organization or the government. Financing is obtaining or furnishing money or capital for an enterprise or purpose, and is often done by banks and other lending institutions.


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What is inter bank lending?

Banks lending money to other banks.


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No, you can not sue somebody for lending you money. You can sue somebody if you have lent them money and they failed to pay it back.


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What is call money and notice money?

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The practice of lending money, with interest rates "above the lawful rate", is called usury.


What is social lending used for?

Social lending is used to lend money to other peers around you without going through a bank or other financial institution in order to get the money. There are peer to peer lending websites in order to practice social lending.


What does the word 'corporate lending' refer to?

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