I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
Banks are giving free money! Leave a 1000$ on your bank account for a year. In the end of the year you should have something like 1002.5$. So 2.5$ for free! isn't it good?
The bank never gives free money to the citizens. They force people to take loans even if it's not required by bringing up new schemes, to attract people. The only one who gets profit is the bank itself. !
what you are telling is perfectly correct. Bank will never give anything for free, their will be something hidden charges, which they reveal it after they make you customer. Banks are maintained by corporate who are working for only their profit not for community service. That is why Bitcoin should be used so that you wont be charged unnecessarily for any transaction or other services.
do you think that the free account which most of the banks are opening, there are some hidden charges, for examples here in my area Allied Bank is offering a free account with the name of MUKAMAL account, fee check book free maser care fee transaction and many more so do you think that they will have some hidden charges?