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Date: 2017-02-25 06:25:22
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Representative APR Range

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Date: 2016-10-05 18:09:57
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Date: 2017-02-28 08:26:55
Website: http://ghccu.org

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The Banking System: Commercial Banking – How Banks Make ...

As mentioned before, banks basically make money by lending money at rates higher than the cost of the money they lend. More specifically, banks collect interest on loans and interest payments from the debt securities they own, and pay interest on deposits, CDs, and short-term borrowings. The difference is known as the "spread," or the net interest income, and when that net interest income is...

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Date: 2017-02-28 08:48:59
Website: http://www.investopedia.com

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