Why should the Bank of England choose safer lending ?

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Comments (3)

  • Tiff-Avatar.jpg Tiff @ the BNC 19 Dec 2018

    Good presentation using PowerPoint! What are some of the risk of safer lending? Who could miss out?

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  • The-Ruth-Gorse-logo-250x250.jpg balanced_singer
    The Ruth Gorse Academy 22 Dec 2018

    Some of the people who would miss out in safer lending are bankers. This is because, the bankers cant take any huge risks, which means: they won't get any rewards. Other people who could miss out are normal people who are eligible to take a loan out.

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  • The-Ruth-Gorse-logo-250x250.jpg helpful_wallaby
    The Ruth Gorse Academy 23 Dec 2018 in reply to balanced_singer's comment

    Although the people eligible for loans could miss out on getting the money, this could be a good thing as some people's eligibility could be contradictory to how they are in real life. However, for the majority of people, this would not be a sustainable option.

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