One result of asymmetric information about people's ability to repay a loan is that: a bank could make many loans to people who don't pay them back. lenders are better off than with perfect information. banks will not make loans. loans will only be made to people who don't pay them back.
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Home » Business » One result of asymmetric information about people's ability to repay a loan is that: a bank could make many loans to people who don't pay them back. lenders are better off than with perfect information. banks will not make loans.