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Is there a law preventing banks from loaning credit. They can only loan funds or capital, if so how does it read, please

Submitted: 676 days and 5 hours ago.
Category: Finance
Value: $15
Status: AWAITING CUSTOMER ACTION
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Deer Park, Washington

Posted by Dennis M. Smith 675 days and 21 hours ago.

Info Request

Could you explain your question a little more as to what you mean by a bank "loaning credit.?" Banks loan money based upon a person's "credit worthiness" and most banks also have "credit cards" which in effect is granting loans each time the card is used.

Dennis (cut2it)

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