Where Do Banks Get Money To Lend To Borrowers?
Listen to Wealth Coffee Chats Podcast Now
Banks gave 100s of millions of dollars to borrowers during the last 2 years, how did they fair? Do you know where the bank gets their money from to lend out? The answer might surprise you. Let’s Wealth Coffee Chat!
1:21– It’s a marathon, not a sprint
5:02– Did you pause your mortgage through lockdown?
8:44– Banks are making record profits
11:27– The bank can use your equity
16:32– Why you shouldn’t give the banks your money
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