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You are here: Home   Categories   Finance & Investing  Why the interest rates are high when borrowing even though libor is low
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Submitted 522 days ago...

Edify327

Edify327

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Why the interest rates are high when borrowing even though libor is low

My company is borrowing money from a bank and they applied libor + certain rate for the interest rate
My question is even though the libor is getting lower why the interest rate is not low enough compared to the old time (like a year before)

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