Banks earn most of their profits through ...
2007-01-14 15:57:51 · 4 answers · asked by Adrianna Lima 2 in Business & Finance ➔ Other - Business & Finance
When they loan people money for homes, cars, personal reasons, they make money from the interest. They also make profits through various fees.
2007-01-14 17:07:07 · answer #1 · answered by amandaangel1 2 · 0⤊ 0⤋
Goodness gracious. Are you going to fall for every scam out there? Anything to make money from home is a SCAM. 100% Scam. You are going to have a rough, rough life if you are this trusting. Just because you are not paranoid, does not mean they are not out to scam you. In 2011 the FTC had 300,000 complaints about these make money at home sites. And the report stated that less than 1% of people actually complain. The number is expected to double in the next year. It's that bad. Oh, there is big money to be made from scamming people. So ignore the 20 or so scammers you will see in a few hours answering you here.
2016-05-24 03:49:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The borrow at a lower interest rate than they lend at. The difference, less their expenses, is profit.
2007-01-14 16:02:17 · answer #3 · answered by Box815 3 · 0⤊ 0⤋
Lending.
2007-01-14 16:31:57 · answer #4 · answered by MagicalMke 4 · 0⤊ 0⤋