alt Hacker NewsNot the person, but I think a corporation, whose main business is or a sizable part of the business is, that hands out money that you then owe them, is called a bank.
Not the person, but I think a corporation, whose main business is or a sizable part of the business is, that hands out money that you then owe them, is called a bank.
No, banks are something fundamentally different, If you loan someone else your own money, you are just a creditor. What makes banks special is they loan out other peoples money (deposits)