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What is The Difference Between A Loan And A Bailout?
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[QUOTE="btaliat, post: 214337, member: 26390"] A bail out needs not repayment. A loan on the other hand needs to be repaid. When you go for loans, there must be guarantor, collateral and the duration by which you want to use the loan. These are more are some criteria you need before you meet up with a loan. A bail out on the hand is needed by some countries that are not financially bouyant. It is just a way of relieving them from the debts they are incuring. It may be differ from debt relief which involves not collecting a loan given to a country back. Most people have argued that bailout is not a good option as the recipient may not be innovative enough to look inward to generate money rather depending on government or other financial institutions for bailout. [/QUOTE]
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What is The Difference Between A Loan And A Bailout?
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