Why borrow from US Banks when Japanese banks charge so much less interest?

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Why borrow from US Banks when Japanese banks charge so much less interest?

2007-08-07 12:00:31 · 3 answers · asked by lucstudent 3 in Business & Finance ➔ Personal Finance

3 answers

They do not do so in USA.

2007-08-07 12:08:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Are you SURE you would actually pay less for a loan to the Japanese bank? Fluctuating exchange rates change your effective interest rate. In the long run, the combination of interest rate and exchange rate fluctuations usually result in similar net cost.

2007-08-07 12:05:46 · answer #2 · answered by STEVEN F 7 · 1⤊ 0⤋

Because most people do not speak japanese.

2007-08-07 12:26:01 · answer #3 · answered by Anonymous · 0⤊ 1⤋