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We decide who we lend to".
The money is generated from the landlords we lend to.
Do remember that we lend to people and not to numbers so the story behind the numbers is also vital.
"When we lend to people to buy their homes, we factor in the impact of climate change on energy prices," says Courcier.
When faced with potential borrowers, lending institutions need answer only three basic questions: Should we lend to them, how much should we lend, and at what interest rate?
As responsible lenders we have a duty to ensure that the people we lend to, whatever their employment status, can afford to make the repayments".
Similar(52)
In one of his first board meetings, he asked, "Why are we lending to Cambodia?
"We only lend to companies we are familiar with," Lin says.
There's more creativity that we could lend to our employer if we were so inclined.
"The banks, in effect, lend us the money, dollar for dollar, which we then lend to the homeowner, and we assign the mortgages to the bank as collateral.
We intend to be sure in the future that we only lend to customers who can reasonably afford to repay their loans".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com