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The best answer is actually "lenders". They come in many different forms, sizes and morality. Some are mortgage brokers, others are financiers of fancy persuasion like the guy at Tiger Direct in the corner whom lends money on a peculiar leasing deal. I know that all those that lend should be checked for fees, and all terms and conditions. I have found in my career that a well thought out plan, and tons of investigation prior to acting is always best. Take a look around at competition. Always do your homework before going in the "box" at a dealership to get a car loan. Typically your credit union has better terms and a better rate. Make sure you always obtain simple interest so that before you die, you might be able to "bucket list" your debt. My mom's chase credit card which I have in my hands shows a $15,303 dollar debt and says in the middle column that it will be paid off in 21 years making minimum payments of $247 per month. Wow!!! Be safe and be smart always check around and don't listen to most advice. Get an expert opinion and never act on impulse. Let us even the hand with "people who lend money" and make it a win win situation. written by edward e. cambas this feb. 17th, 2013.
The people who lend money are called money lenders those that make unethical or immoral loans (usually those paid back with exorbitant interest)are called usuaries.
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People who lend money at very high interest are called?
usurer
What is it called when banks lend money to customers?
It is called a loan.
Why do banks give interest on deposit?
Banks make money by lending money to people and charging people for borrowing. The amount banks charge is called interest. Banks borrow money from other people and pay them interest on the amount borrowed. Banks charge more interest on the money they lend than they pay one the money they borrow. That is how they make money. When people deposit money with a bank, the bank is literally borrowing money from some people so they can lend it to other people. That is why banks pay interest.
How can a bank create an infinite amount of money?
Banks do not create money, they only use the money from saving accounts and lend it to people. When they lend the interest from the loan is profit for the bank.
How does banks make money?
People who deposit money get a small rate of interest paid to them. The bank lend that money to people and charge a higher rate.
People who lend money at very high interest are called?
usurer
What is it called when banks lend money to customers?
It is called a loan.
Who can lend you money for a house?
people at banks
What is it called when you lend money to a bison?
A BUFFA-LOAN!
What is it called when banks lend money to businesses?
Workers and Businesses
Why do banks give interest on deposit?
Banks make money by lending money to people and charging people for borrowing. The amount banks charge is called interest. Banks borrow money from other people and pay them interest on the amount borrowed. Banks charge more interest on the money they lend than they pay one the money they borrow. That is how they make money. When people deposit money with a bank, the bank is literally borrowing money from some people so they can lend it to other people. That is why banks pay interest.
How can a bank create an infinite amount of money?
Banks do not create money, they only use the money from saving accounts and lend it to people. When they lend the interest from the loan is profit for the bank.
What is it called whenbanks lend money to businesses?
I think you might be reffering to a loan.
What is the payment people receive when they lend money or allow someone else to use their money?
Intrest
How does banks make money?
People who deposit money get a small rate of interest paid to them. The bank lend that money to people and charge a higher rate.
Can you lend me money?
no
Who lend money?
Money lenders and banks.
