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When President Jackson did not renew the charter for the Bank of the US the responsibility of money lending fell to?
Wiki User
∙ 9y ago
When President Jackson did not renew the charter for the Bank of the US the government stated putting money in state banks. Money lending fell on these banks and four anti-bank resolutions were approved.
Wiki User
∙ 9y ago
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Which of these was the target of President Roosevelt's promise to reform?
corruption in the financial community and lending policies
Who said Lending a garden hose to a next door neighbor whose house is on fire?
President Roosevelt
Advantages of individual lending vs group lending?
The advantages of group lending over individual lending include: the use of peer pressure as a substitute for collateral, the reduction in transaction costs by gathering as a group, and the utilization of hierarchal structure to learn more about clients. On the flip side, disadvantages include the higher likelihood of group failure in the event of a single default, higher training costs, and a higher financial responsibility for others in a group.
Advantages of group lending vs individual lending?
The advantages of group lending over individual lending include: the use of peer pressure as a substitute for collateral, the reduction in transaction costs by gathering as a group, and the utilization of hierarchal structure to learn more about clients. On the flip side, disadvantages include the higher likelihood of group failure in the event of a single default, higher training costs, and a higher financial responsibility for others in a group.
How did Andrew Jackson ruin the national bank?
Andrew Jackson ruined the national bank by vetoing its rechartering in 1832. He believed that the bank was unconstitutional and gave too much power to the wealthy elite. Jackson also removed federal funds from the bank and redistributed them to state banks, which led to an increase in risky lending practices and contributed to the economic instability that later resulted in the Panic of 1837.
What is business lending?
what is lending business?
Statutory lending ratio?
There is no statutory lending ratio.
What is Lending Club's population?
The population of Lending Club is 79.
When was Lending Club created?
Lending Club was created in 2007.
What is inter bank lending?
Banks lending money to other banks.
How is secured lending different from unsecured lending?
Secured lending differs from unsecured lendings in a number of a ways, although there is one big difference between them. A secured lending is such named before the lendee puts up collateral against the debt to the bank. An unsecured lending has no collateral.
Where can one learn about consumer lending?
One learns about consumer lending from the governmental agency dealing with it. It is normally an independent and regulated institute. Consumer lending refers to any type of lending between private individuals.
