Credit risk - your Huabei, mortgage, and car loans are considered by it
The speaker, Yuxuan, apologizes for the infrequency of his updates and continues discussing finance, specifically the role of borrowing and lending. He notes that borrowing and lending money is a common aspect of life, but the risk of not being able to repay the loan is always present. This risk, referred to as credit risk, affects financial institutions such as banks and can result in cash flow problems and additional costs to the borrower. Despite the risks, many people still borrow money with the mindset that they can handle the consequences of not being able to repay it.
Podcast URL: External link
Duration: 0:06:59
Language:
Chinese
Topics:
Finance
Author:
文武宇轩
Speech density:
LOW