How does lending work, in particular relative to LIBOR?

▲
0
0
▼

2012 Sep 6, 8:31am 463 views 0 comments

When you borrow money, does that money come from the bank's funds or does it come from the Fed/Treasury using the bank as the servicer/processor?

Can you give a quick run down as to the steps that occur when a loan is taken out?

no comments found

patrick.net