Question: .When a bank makes a loan, it sometimes requires borrowers to maintain a checking account at the bank until the loan is paid off. What

.When a bank makes a loan, it sometimes requires borrowers to maintain a checking account at the bank until the loan is paid off. What is the purpose of this requirement?

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When a bank makes a loan, it sometimes requires borrowers to maintain a checking account at the bank until the loan is paid off. What is the purpose of this requirement?

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