Who is a Lender?

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Navinchandra Rao has given loan to Gurcharan and Gurcharan is unable to repay this loan

Navinchandra Rao 


banks, individuals, or financial institutions are lenders.  

Lenders also give loans to start-ups or small businesses. Before  granting the loan to the borrower, a lender checks the credit history of  the borrower.  

Types of Lenders

There are two basic types of lenders.

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