i hate banks and honestly anyone who know how a bank works will hate them too.we are smarter but those who likes on normal houses do belive banks blindly they said they will dye but they will trust banks forever
i also hate banks and i try to use it as less as possible though sometimes i need their services when im buying something online from a shop that doesnt accept bitcoins 
Topic: Why the banks dont give free money? Why they loan it? - page 3. (Read 8772 times)
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
Then you are creating judgement day soon.why bank do not give free money?do not ask that irrelevant question again.ask youself will you give free money to anyone?.😂Definitely not as you earned by hardwork.tax are necessary to run country economi and to create stabiliy.
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
Then you are creating judgement day soon.why bank do not give free money?do not ask that irrelevant question again.ask youself will you give free money to anyone?.😂Definitely not as you earned by hardwork.tax are necessary to run country economi and to create stabiliy.
They don't give money because banks are not charitable institutions, they are having a business. The money that the people deposit have interest of around for example 1% annually and then they lend it to people for an interest of 10% so the difference of 9% are their earnings. That is why they are eager to loan the money but making sure that the borrower will be able to pay them by having collateral.
True only charity give away money which is actually not theirs too. Anyway, in order for bank to grow and sustain it's operation, they need some sort of profit. That is thru investing your investment money to some they thought a profitable venture and giving you the dust of the profit from that venture. And will you give other's money to others? Of course not.
They don't give money because banks are not charitable institutions, they are having a business. The money that the people deposit have interest of around for example 1% annually and then they lend it to people for an interest of 10% so the difference of 9% are their earnings. That is why they are eager to loan the money but making sure that the borrower will be able to pay them by having collateral.
True only charity give away money which is actually not theirs too. Anyway, in order for bank to grow and sustain it's operation, they need some sort of profit. That is thru investing your investment money to some they thought a profitable venture and giving you the dust of the profit from that venture. And will you give other's money to others? Of course not.
i hate banks and honestly anyone who know how a bank works will hate them too.we are smarter but those who likes on normal houses do belive banks blindly they said they will dye but they will trust banks forever
They don't give money because banks are not charitable institutions, they are having a business. The money that the people deposit have interest of around for example 1% annually and then they lend it to people for an interest of 10% so the difference of 9% are their earnings. That is why they are eager to loan the money but making sure that the borrower will be able to pay them by having collateral.
Why would bank give free money? If you have a money on that bank, would you like your money to be given away? They loan it for the sake of having income. It is for them to pay their employees and to give an interest to their depositors. They loan it because bank is a business. That is one way of having income. If they will give free money there will be no bank available right now. Why would bank give free money? If you have a money on that bank, would you like your money to be given away? They loan it for the sake of having income. It is for them to pay their employees and to give an interest to their depositors. They loan it because bank is a business. That is one way of having income. If they will give free money there will be no bank available right now.
well why banks should give the free money? i dont think that anyone will give people free money ever, in my opinion they loan the investors money to make more money and thats not good
They dont give free money instead they loan it because this is the use of bitcoin where they can earn for interest for every company loan in their banks..
If you think that banks only for saving purposes thats wrong they do this service to have some money to loan it to other company to use and to earn via interest..
If you think that banks only for saving purposes thats wrong they do this service to have some money to loan it to other company to use and to earn via interest..
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
Banks are giving free money! Leave a 1000$ on your bank account for a year. In the end of the year you should have something like 1002.5$. So 2.5$ for free! isn't it good?
what you are telling is perfectly correct. Bank will never give anything for free, their will be something hidden charges, which they reveal it after they make you customer. Banks are maintained by corporate who are working for only their profit not for community service. That is why Bitcoin should be used so that you wont be charged unnecessarily for any transaction or other services.
I agree that bank never give free money. @Bitcoinbox, that is called interest for using your money to get profit. You should know that the moment you deposit your money in the bank, it doesnt stay there. They use it as loan to other people or venture it to another business. All left in the bank is that papers, receipt and folders including the record of your transaction. @PokerFace3 and btcdevil, well even as evil as you think bank is, they have given lots of people a job. This charges and other stuff (profit /earning) is needed to payout their staff, and maintaining their smooth operation.
Well they obviously need to make a profit else they can't afford to pay their staff.
Banks are one of the most commercial parties ever and not only that, they got a lot of influence in almost any aspect of the financial markets globally.
Banks are one of the most commercial parties ever and not only that, they got a lot of influence in almost any aspect of the financial markets globally.
Nope, I am not against of interest free loans but I favor loans with low interest rate. Let’s keep bank’s income aspect aside for a while and think on a macro level. Although there are four big resources (land, water, man and money) the most important is money factor. If banks start giving free money there will be no appropriate distribution of money and those who can produce more might get low amount and those who can’t produce or produce on low level might get high amount. It will affect overall production of economy. Since banks charge interest a high producing man can get high amount as he is willing to pay interest and low producing man will not take that risk since he knows his abilities. Taxes are not the only solution to growth, production is also a factor and many others too.
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
Banks are giving free money! Leave a 1000$ on your bank account for a year. In the end of the year you should have something like 1002.5$. So 2.5$ for free! isn't it good?
what you are telling is perfectly correct. Bank will never give anything for free, their will be something hidden charges, which they reveal it after they make you customer. Banks are maintained by corporate who are working for only their profit not for community service. That is why Bitcoin should be used so that you wont be charged unnecessarily for any transaction or other services.
Even more, banks have a lot of money and they do not know where to loan it. For example, Switzerland banks are full of money, some of them just give loans not less than 500 millions USD. 
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
Banks are giving free money! Leave a 1000$ on your bank account for a year. In the end of the year you should have something like 1002.5$. So 2.5$ for free! isn't it good?
Banks are into business and we know that when we are into business we always want profit and giving free money will not make a sense and it will just teach people to be comfortable in life and be lazy.
People will only help you if they get some form of compensation for their effort whether it be in terms of money, favors or just personal satisfaction for having done a good deed. The only way to get something for free is by achieving/doing it yourself. If loans are scams then society itself is a scam. That or you're truly naive 
You are hundred percent right.The OP claims here that loans are a scam.And you think that bank should give money without any interest right?
The problem is that nobody will give you money without interest rate,because it is just not worth it,that person would prefer to have his own money,than to loan them
to you,and what is the point of giving them to you,if they get nothing else than their money back from it?
It is like saying " why people dont throw money on the streets,it is not right " because no one in this world will give you anything for free.
Because If given free dont exist that work 
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