Quote:
Originally Posted by vicky_molokh
On the topic of responsibility: the opinion whether or not it should be the responsibility of the lender will of course vary by culture.
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It's the responsibility of the person spending money how they want to spend the money. A money lender can look at how someone wants to spend money they have been lent, and choose to not lend them money if the plan is bad (this is very common for corporate loans), but it's still the responsibility of the borrower what they
want to spend money on.