Isn’t there still risk for a lender in a typical interest-bearing loan? That the... | Hacker News

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pastel8739 50 days ago | parent | context | favorite | on: AI Companies Are Trying to Hide a Staggering Amoun...

Isn’t there still risk for a lender in a typical interest-bearing loan? That the borrower will default?

marcus_holmes 50 days ago [–]

Usually an interest-paying loan is backed by a guarantee, so the lender can pursue the borrower for repayment by claims on other assets.

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