What is an example of lender?

Lenders fall into the category of creditors. Banks, credit unions and peer-to-peer lending (P2P) are common examples.

What is an example of lender?

Lenders fall into the category of creditors. Banks, credit unions and peer-to-peer lending (P2P) are common examples. A lender is a person or company that lends money. If you need cash to start your lemonade, you'll need to find a lender and take out a loan of approximately $20 for lemons and sugar.

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