How Banks Really Lend Money
by Doug on Sep.17, 2009, under Banks
There is a preconceived notion on how banks lend money. They make MUCH more money on lending than most people realize.
After reading several books and articles on the money industry I plan to release several easy-to-read articles on the subject. The first one is about how banks really lend money. Granted there is not much you can do to stop their practices, except not borrow or join a credit union, but I believe it is important to understand what they do.
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