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Q: Banks cannot use your money to make loans to people or to make investments.?
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Banks cannot use your money to make loans to people or to make investments. true or false?

false


When people invest in mutual funds they are making loans to banks and their investments are insured by the FDIC True or False?

True. When people invest in mutual funds they are making loans to banks and their investments are insured by the FDIC.


How do banks use deposit?

to make loans Investments, loans, mortgages, and of course salaries for the staff.


Why do many banks consider student loans risky investments?

Student loans are risky for banks to give out because most students do not have credit and thus cannot be trusted definitively to pay back loans. Additionally, students generally do not have personal property the bank can claim when loans aren't paid back.


What do many banks consider student loans risky investments?

They can't provide Collateral - Apex : )


When banks make loans the money supply increases or decreases?

When banks make loans, the money supply increases, since the people who receive these loans will have more money.


Do banks forgive loans?

all banks do not forgive loans


Sources of fund?

There are many sources of funds that people can get. Banks offer loans and mutual funds, and people get paid from working.


Which banks in New York City are best for people with adverse credit histories to obtain loans or accounts at?

Banks in New York City are almost always adverse to give loans to people with bad credit. It will be possible to open an account, but loans will be almost unfindable.


How banks use the money that people deposit?

Loans & of course they earn interest on it.


Are loans available for continuing education?

Yes, there are private loans from individual banks as well as loans from federal programs. The federal government has programs like the "PELL" or "Federal Direct PLUS loans" for people trying to get back into school. Some individual banks(including local credit unions) also make loans available for people who want to get back into school.


How can you get the loans in hyderabad?

The banks give loans here