Banks have money but they don't cooperate

[MissNonFall9]

To get a loan from a bank, the presence of any property such as a land fixed deposit or financial collateral is required. Because the bank will give its loan in such a place that it is sure to collect or recover its money. If the transactions in the bank are not good then they investigate everything very carefully and if the guarantor is not able to pay the bank will not give the loan. And to the bank the value of money is more than the knowledge of customers.

[Mrbluntzy]

The problem is many people don't have resources to use their knowledge for make money from money but banks not cooperate yes they ask questions like they genuinly interested about idea like asking what's your background and how did you find out all that info and so but still refuse even If they can see person really knows about it we have nowdays even the smart guys without any education who could out perfomance all those educated people with degree so can anyone explain why is that they don't like people with real knowledge how to find info and how to make money ?

They actually want you to do your business, make your money and success but they are very much interested in their money too. They look at various aspects of your background and evaluate your collateral before they can agree to offer you a loan to exterblish your business or go into any investment you wanted to start. You can not just go to the bank, explain your self to them and tell them some stories about your investment knowledge and you expect them to immediately offer you the capital you want. It doesn't work like that. You must have a collateral to back up your loan.

[Reatim]

First off, the bank has no business letting everyone who asks out a loan from them in.

If they did let everyone borrow money from them, they will be in debt. Not everyone with good ideas gets to be successful with it. The banks need to pick their battles wisely. They need to make profit too after all.

They don't cooperate because they don't want to. Quit crying about it and find other ways, besides, why invest money you can't afford to lose in the first place?

Spending money your hand has not touched is probably the most dangerous thing you can do. If you keep thinking you have money without actually having one and spending it, you will soon find yourself broke and in debt.

[pinggoki]

They will not cooperate with such thing because they don't know how they will be able to take advantage of your friend and they really don't loan individuals that don't have anything to show for it, in short, banks look down on you when you don't have the money and that you don't matter to them. Maybe what your friend should've done was created some fake company or build a small start up that focuses on investments, and then your friend can now consider asking those banks for loans and then it wouldn't be that difficult for the bank to grant those loans. It's a matter of wrong steps that made your friend get rejected by the bank in the first place but the more difficult step will come though, your friend has to tell the bank the truth, otherwise your friend might have some issues because you were supposed to spend it on this but then you spent it on investing in bitcoin? That's going to be considered as misappropriation of funds.

[Fara Chan]

To get a loan from a bank, the presence of any property such as a land fixed deposit or financial collateral is required. Because the bank will give its loan in such a place that it is sure to collect or recover its money. If the transactions in the bank are not good then they investigate everything very carefully and if the guarantor is not able to pay the bank will not give the loan. And to the bank the value of money is more than the knowledge of customers.

Banks make money by providing loans to customers who need money to open a business or to customers who are already running a business in their lives. This means that banks do not carelessly lend money to anyone if that person does not have the conditions desired by the bank. So those who want to borrow money from the bank actually have to be aware of this so that they don't experience complicated problems in the end when the loan payment bill is not covered on time by the customer who lent it.

[Roggeredek]

To get a loan from a bank, the presence of any property such as a land fixed deposit or financial collateral is required. Because the bank will give its loan in such a place that it is sure to collect or recover its money. If the transactions in the bank are not good then they investigate everything very carefully and if the guarantor is not able to pay the bank will not give the loan. And to the bank the value of money is more than the knowledge of customers.

A bank is an institution, even if there is a lot of money in the bank, it is not the bank's own money, all the money belongs to the common people, because of which the bank cannot always use that money for any purpose even if it wants to. Banks only store people's money.

[MissNonFall9]

To get a loan from a bank, the presence of any property such as a land fixed deposit or financial collateral is required. Because the bank will give its loan in such a place that it is sure to collect or recover its money. If the transactions in the bank are not good then they investigate everything very carefully and if the guarantor is not able to pay the bank will not give the loan. And to the bank the value of money is more than the knowledge of customers.

Banks make money by providing loans to customers who need money to open a business or to customers who are already running a business in their lives. This means that banks do not carelessly lend money to anyone if that person does not have the conditions desired by the bank. So those who want to borrow money from the bank actually have to be aware of this so that they don't experience complicated problems in the end when the loan payment bill is not covered on time by the customer who lent it.

Every businessman or every person in the world wants to earn money by staying in a safe place. In that sense banks provide money to those who can manage money and lend to businessmen who are running businesses and repaying their loans on time. I have seen people who have no other business and are going to start a new business face various hurdles to collect loans from any bank. This aspect must be kept in mind and all these budding entrepreneurs should be given opportunities by providing loans in a simplified manner.

[kentrolla]

To get a loan from a bank, the presence of any property such as a land fixed deposit or financial collateral is required. Because the bank will give its loan in such a place that it is sure to collect or recover its money. If the transactions in the bank are not good then they investigate everything very carefully and if the guarantor is not able to pay the bank will not give the loan. And to the bank the value of money is more than the knowledge of customers.

Banks make money by providing loans to customers who need money to open a business or to customers who are already running a business in their lives. This means that banks do not carelessly lend money to anyone if that person does not have the conditions desired by the bank. So those who want to borrow money from the bank actually have to be aware of this so that they don't experience complicated problems in the end when the loan payment bill is not covered on time by the customer who lent it.

Every businessman or every person in the world wants to earn money by staying in a safe place. In that sense banks provide money to those who can manage money and lend to businessmen who are running businesses and repaying their loans on time. I have seen people who have no other business and are going to start a new business face various hurdles to collect loans from any bank. This aspect must be kept in mind and all these budding entrepreneurs should be given opportunities by providing loans in a simplified manner.

Banks cannot provide loans to all the budding entrepreneurs without collateral hence there are some schemes launched by banks in coordination with the government to help these start ups and in my country there are some special incubator programs to develop these start up to help them convert their idea to viable business model. I think bank cannot provide loan for everyone since they don't own as the loan loan you get might be saving or FD of some other person.

[0t3p0t]

This is the reason why I don't personally like banks because of these reasons one, you put money on them but you can't take it all out at once especially huge amount. Second is that they don't lend you money without collaterals so it is not friendly for poor people. Third, they will interogate and need to know the reasons of every transactions you have just to approve it, I mean you have the money on them but you don't have full control of it because they do. That is why crypto is the best coz your key your crypto no bs.

[AnonBitCoiner]

A bank is an institution, even if there is a lot of money in the bank, it is not the bank's own money, all the money belongs to the common people, because of which the bank cannot always use that money for any purpose even if it wants to. Banks only store people's money.

A bank has money but that money is not the money of a bank which can be utilized for the welfare of people but it is the amount which belongs to the individuals of a city in the form of salary or the invested amount.

The bank is a secure place to store your money so if someone wants money then he can take it out anytime according to his needs. It is not possible to take out your money if you don't have to put money into the bank or you are not getting a salary from a regular job.

[MissNonFall9]

To get a loan from a bank, the presence of any property such as a land fixed deposit or financial collateral is required. Because the bank will give its loan in such a place that it is sure to collect or recover its money. If the transactions in the bank are not good then they investigate everything very carefully and if the guarantor is not able to pay the bank will not give the loan. And to the bank the value of money is more than the knowledge of customers.

A bank is an institution, even if there is a lot of money in the bank, it is not the bank's own money, all the money belongs to the common people, because of which the bank cannot always use that money for any purpose even if it wants to. Banks only store people's money.

I certainly respect your opinion. It is very easy for common people to understand that banks are the custodians and carriers of money deposited by common people, and banks cannot do whatever they want with that money because there are many rules and regulations. I certainly respect the rules. But in my country, many cases of bank fraud are often seen. Now there may be a question that bank fraud can happen in the context of my country but not in other countries of the world. In answer I will say that since young entrepreneurs in my country face many problems in raising money for business, I have brought up the issue of bank fraud. So if this aspect can be managed honestly then these new young entrepreneurs will get good benefits and the economic infrastructure of the country will be very strong.

[Fortify]

The problem is many people don't have resources to use their knowledge for make money from money but banks not cooperate yes they ask questions like they genuinly interested about idea like asking what's your background and how did you find out all that info and so but still refuse even If they can see person really knows about it we have nowdays even the smart guys without any education who could out perfomance all those educated people with degree so can anyone explain why is that they don't like people with real knowledge how to find info and how to make money ?

You seem to think that banks are there to supply endless amounts of money for whatever frivolous ideas you or your friends dream up. They are not, they are businesses that have often been around hundreds of years and see many terrible ideas fail in that time. Your friend had no idea of the direction of gold or bitcoin, which meant the bank could not properly assess it either, so if you want to take extremely high risk gambles then you need to front your own money and not try to risk someone else's. Banks often rely on collateral as well, so your friend clearly did not have anything of value that the bank could redeem if the high risk gamble went wrong. This is the world of business and you apparently have a lot to learn.

[Lantind]

This is the reason why I don't personally like banks because of these reasons one, you put money on them but you can't take it all out at once especially huge amount. Second is that they don't lend you money without collaterals so it is not friendly for poor people. Third, they will interogate and need to know the reasons of every transactions you have just to approve it, I mean you have the money on them but you don't have full control of it because they do. That is why crypto is the best coz your key your crypto no bs.

I agree with the reasons you mentioned for saving money in the bank, of course this will make it difficult for us if we want to withdraw the money we have in large amounts, there are many requirements given and we have to fulfill them if we really want to withdraw the money we have in large amounts and if we If you can't fulfill it, of course you won't be able to take the money even though the money we are going to withdraw is our own, but the bank has full control over the money we deposit with the bank, in this case they are the ones who get more profit from the money we have, because they They use the money we have to lend to their customers who need loans and they get a lot of profit from that.

If you choose to use crypto as a place to save, of course you have to study it first and after understanding it well, we can use it as a place to save the assets we have, but we also still need a bank for emergency savings so we can use it when we need funds. because with crypto we cannot yet use these assets as a means of payment and must first convert them to money to be able to use them.

[fauzan Ichsan]

The problem is many people don't have resources to use their knowledge for make money from money but banks not cooperate yes they ask questions like they genuinly interested about idea like asking what's your background and how did you find out all that info and so but still refuse even If they can see person really knows about it we have nowdays even the smart guys without any education who could out perfomance all those educated people with degree so can anyone explain why is that they don't like people with real knowledge how to find info and how to make money ?

You seem to think that banks are there to supply endless amounts of money for whatever frivolous ideas you or your friends dream up. They are not, they are businesses that have often been around hundreds of years and see many terrible ideas fail in that time. Your friend had no idea of the direction of gold or bitcoin, which meant the bank could not properly assess it either, so if you want to take extremely high risk gambles then you need to front your own money and not try to risk someone else's. Banks often rely on collateral as well, so your friend clearly did not have anything of value that the bank could redeem if the high risk gamble went wrong. This is the world of business and you apparently have a lot to learn.

It is true that banks also do business, collecting money from customers, lending it against collateral, and collecting greater interest than we save. It's not easy to borrow from a bank, of course there are criteria that are applied to disbursing funds, they also consider the risks, even the worst risks they have prepared, and all of this is purely business, and inside the bank it's not as beautiful as we imagine, of course they have targets to be achieved

[rodskee]

The problem is many people don't have resources to use their knowledge for make money from money but banks not cooperate yes they ask questions like they genuinly interested about idea like asking what's your background and how did you find out all that info and so but still refuse even If they can see person really knows about it we have nowdays even the smart guys without any education who could out perfomance all those educated people with degree so can anyone explain why is that they don't like people with real knowledge how to find info and how to make money ?

Where did you find that banks has obligation for your friends demand? even how good your friends are in that knowledge
in GOld and Bitcoin yet its their  rights to deny any single loan that we are asking , like me I have been denied in my emergency
load but nothing that i feld bad because its their  discretion to accept nor deny the loan , and besides do your friend provide
valid collateral ? because if not then you and your friend has no right to question or blame the bank for this denial , and besides
your friend should have plan b and plan c for his investing plans not just banks , and another thing is that why do bank need to
trust Him when even you as a friend and his family have not providing funds for his investment  why would bank do this?

[Iranus]

The problem is many people don't have resources to use their knowledge for make money from money but banks not cooperate yes they ask questions like they genuinly interested about idea like asking what's your background and how did you find out all that info and so but still refuse even If they can see person really knows about it we have nowdays even the smart guys without any education who could out perfomance all those educated people with degree so can anyone explain why is that they don't like people with real knowledge how to find info and how to make money ?

You seem to think that banks are there to supply endless amounts of money for whatever frivolous ideas you or your friends dream up. They are not, they are businesses that have often been around hundreds of years and see many terrible ideas fail in that time. Your friend had no idea of the direction of gold or bitcoin, which meant the bank could not properly assess it either, so if you want to take extremely high risk gambles then you need to front your own money and not try to risk someone else's. Banks often rely on collateral as well, so your friend clearly did not have anything of value that the bank could redeem if the high risk gamble went wrong. This is the world of business and you apparently have a lot to learn.

Let's not talk about banks, let's take the OP himself as an example. If some stranger came to him and said that they had a unique business idea and could become rich thanks to it. I bet the OP will be suspicious and refuse immediately, even calling the other guy crazy for his stupid idea.
Meanwhile, banks are business organizations, not charities, so they have no obligation to provide free money to someone just because they have a business idea.
I really don't know what OP is thinking when he can say these things, these words make me think of OP as a child learning about this world rather than an adult.

[angrybirdy]

The problem is many people don't have resources to use their knowledge for make money from money but banks not cooperate yes they ask questions like they genuinly interested about idea like asking what's your background and how did you find out all that info and so but still refuse even If they can see person really knows about it we have nowdays even the smart guys without any education who could out perfomance all those educated people with degree so can anyone explain why is that they don't like people with real knowledge how to find info and how to make money ?

Where did you find that banks has obligation for your friends demand? even how good your friends are in that knowledge
in GOld and Bitcoin yet its their  rights to deny any single loan that we are asking , like me I have been denied in my emergency
load but nothing that i feld bad because its their  discretion to accept nor deny the loan , and besides do your friend provide
valid collateral ? because if not then you and your friend has no right to question or blame the bank for this denial , and besides
your friend should have plan b and plan c for his investing plans not just banks , and another thing is that why do bank need to
trust Him when even you as a friend and his family have not providing funds for his investment  why would bank do this?

On point, sometimes no matter how emergency the situation is, it is still possible that the requests are denied, so you should always have a back up plan. One of the things I noticed, if you are a credit card user and you have a good credit history with them, they quickly approve a bank loan or cash advance loan, especially if you have documents to submit as collateral, but if no, let's not expect to be approved because even if we say it's a bank, they follow processes and there's also a background check that's done for safety purposes.

[MissNonFall9]

To get a loan from a bank, the presence of any property such as a land fixed deposit or financial collateral is required. Because the bank will give its loan in such a place that it is sure to collect or recover its money. If the transactions in the bank are not good then they investigate everything very carefully and if the guarantor is not able to pay the bank will not give the loan. And to the bank the value of money is more than the knowledge of customers.

Banks make money by providing loans to customers who need money to open a business or to customers who are already running a business in their lives. This means that banks do not carelessly lend money to anyone if that person does not have the conditions desired by the bank. So those who want to borrow money from the bank actually have to be aware of this so that they don't experience complicated problems in the end when the loan payment bill is not covered on time by the customer who lent it.

Every businessman or every person in the world wants to earn money by staying in a safe place. In that sense banks provide money to those who can manage money and lend to businessmen who are running businesses and repaying their loans on time. I have seen people who have no other business and are going to start a new business face various hurdles to collect loans from any bank. This aspect must be kept in mind and all these budding entrepreneurs should be given opportunities by providing loans in a simplified manner.

Banks cannot provide loans to all the budding entrepreneurs without collateral hence there are some schemes launched by banks in coordination with the government to help these start ups and in my country there are some special incubator programs to develop these start up to help them convert their idea to viable business model. I think bank cannot provide loan for everyone since they don't own as the loan loan you get might be saving or FD of some other person.

It is right that banks provide loans to customers from one's savings or FD, not from own money. It is their job to collect deposits from borrowers and pay them back to those who need loans. But the combination of banks with the government to form schemes to support new businessmen or entrepreneurs, the incubator program is definitely commendable.

[iBaba]

First off, the bank has no business letting everyone who asks out a loan from them in.

If they did let everyone borrow money from them, they will be in debt. Not everyone with good ideas gets to be successful with it. The banks need to pick their battles wisely. They need to make profit too after all.

Banks are also into the business to make profit and not lost so whenever you have a transaction to do with them, while they work hard to get you satisfied as a customer, they work towards their journey to profit making. This also means that whenever you as a customer is not favoring them, they adjust their services in a reduced manner to fit into your value in their business. So if they allow everyone to lend money from them without the intention of paying back with interest and if they can't tie those borrowing of money to collaterals, then they cannot make profits and will end up bankrupt.

They don't cooperate because they don't want to. Quit crying about it and find other ways, besides, why invest money you can't afford to lose in the first place?

Spending money your hand has not touched is probably the most dangerous thing you can do. If you keep thinking you have money without actually having one and spending it, you will soon find yourself broke and in debt.

Any money that is not accessible by you is not truly your money even if you're told it is. So, you should not reinvest money that cannot be spent because that's practically not your asset.

[CageMabok]

On point, sometimes no matter how emergency the situation is, it is still possible that the requests are denied, so you should always have a back up plan. One of the things I noticed, if you are a credit card user and you have a good credit history with them, they quickly approve a bank loan or cash advance loan, especially if you have documents to submit as collateral, but if no, let's not expect to be approved because even if we say it's a bank, they follow processes and there's also a background check that's done for safety purposes.

The bank is a party that is very careful in checking every document from its customers and also from people who want to lend them money. So it is not wrong for them to do this before they give a loan in the form of money to anyone and those who have the most potential to give it are people who have an unproblematic credit history and people who have the best assets as collateral. But if, for example, I myself needed money, I wouldn't immediately approach the bank because that wouldn't make it easier for me to get out of the debt they owed me through a loan. So I will look for other ways to get money to solve the problems I face.