Lenders are financial institutions or individuals who provide capital to borrowers in exchange for interest payments and repayment of the principal amount. This can take the form of a mortgage for a home, a car loan, or a personal loan. Continue Reading Below
Lenders are financial institutions or individuals who provide capital to borrowers in exchange for interest payments and repayment of the principal amount. This can take the form of a mortgage for a home, a car loan, or a personal loan. Lenders assess the creditworthiness of potential borrowers and set the terms of the loan, including the interest rate and repayment schedule.
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