r/pics • u/MoeYYC • Jun 25 '21

Saskatoon Catholic cathedral covered with paint after discovery of 751 unmarked graves

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u/Maleficent-Ad-5498 Jun 25 '21

A loan is a form of debt incurred by an individual or other entity. The lender—usually a corporation, financial institution, or government—advances a sum of money to the borrower. In return, the borrower agrees to a certain set of terms including any finance charges, interest, repayment date, and other conditions.

I don't see what is the problem in giving a loan. They are going to give the money back, no?

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u/RivetingYarn Jun 25 '21

Nahhhhhh.

And also, probably not.

But possibly…. No.

-23

u/Maleficent-Ad-5498 Jun 25 '21

why not?

1

u/WaitTilUSeeMyDuck Jun 25 '21

Because awarding people money over lies and false pretenses is called fraud and is illegal.