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When you borrow money, does that money come from the bank's funds or does it come from the Fed/Treasury using the bank as the servicer/processor?
Can you give a quick run down as to the steps that occur when a loan is taken out?
When you borrow money, does that money come from the bank's funds or does it come from the Fed/Treasury using the bank as the servicer/processor?
Can you give a quick run down as to the steps that occur when a loan is taken out?