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Isn’t there still risk for a lender in a typical interest-bearing loan? That the borrower will default?
by pastel8739 2mo ago
Isn’t there still risk for a lender in a typical interest-bearing loan? That the borrower will default?
- marcus_holmes 2mo agoUsually an interest-paying loan is backed by a guarantee, so the lender can pursue the borrower for repayment by claims on other assets.