Explain why a moneylender who relies on future credit cutoffs to enforce loan repayment todaywill be less
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Explain why a moneylender who relies on future credit cutoffs to enforce loan repayment today will be less willing to advance loans to a poor individual for projects that guarantee future income security. Discuss the role of collateral in obtaining such loans.
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A moneylender relying on future credit cutoffs to enforce loan repayment faces challenges when dealing with poor individuals especially for projects that guarantee future income security Several facto...View the full answer
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Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
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