Look at it the other way around, lenders are more inclined to lend their money to borrowers who have a history of paying off their debts in a timely manner. They are willing to lend to others who don’t have a history ’ but demand to be paid more for taking the risk. . It’s called a ‘risk premium’ and it’s totally moral and justified.
Look at it the other way around, lenders are more inclined to lend their money to borrowers who have a history of paying off their debts in a timely manner. They are willing to lend to others who don’t have a history ’ but demand to be paid more for taking the risk. . It’s called a ‘risk premium’ and it’s totally moral and justified.