Dave from UBS (TP).jpg

Hi there, Burnet News Club!

It's Loyal Meteor here and I want to share with you my 3D artwork I created to share my idea: #AlwaysSecureAGuarantor!

I chose to do this because of my experience with a person I met, called David. David works at the UBS (United Bank of Switzerland.)

In my poster I/David would be talking about safer lending.

I decided to say that banks shouldn't take big risks with lending because its would be harder to pay it back.

I think that if there were limits on lending it would mean people wouldnt be as greedy and there would be more money for other people.

One of the most important things is that everyone needs to take responsibility for is their own risks and if it succeeds or fails.

I think that it would be a good idea for banks to #alwayssecureaguarantor because it means that if someone can't repay their loans then someone else would pay for them! This means that people wouldn't struggle repaying it and if they did the banks would still get their money anyway.

What do you think about these ideas? Comment below!


Comments (2)

  • Tiff-Avatar.jpg Tiff @ Topical Talk
    18 Dec 2018

    Hi Loyal_meteor,

    You're clearly a talented artist. Although I wonder if David is dressed for the weekend rather than his banking job!

    #alwayssecureaguarantor is a very interesting rule to consider. Why might some people think this is unfair? Might it favour people who have rich relatives?

    Reply to this comment
    1. Weston-Favell-logo-250x250.jpg loyal_meteor | Weston Favell Academy | United Kingdom
      Tiff @ Topical Talk's comment 19 Dec 2018

      Hi Tiff!
      Dave has just put on his jumper because he needs to walk home.
      And yes, it might be unfair to some people because some people might come from a poor family and might not know anyone who has enough money to repay their loan for them. However, if someone was from a rich family and they said that their auntie could be their guarantor because she was a millionaire then they might get a loan easily.
      I agree that it could be unfair but, they could work with their guarantor and still help repay the loan.
      This is still a really good idea because, it can help people gain money to start businesses. Which means that they can pay it back and gain more money. It also 100% guarantees that banks will get their money and avoid another financial crisis!

      Reply to this comment

You must be logged in with Student Hub access to post a comment. Sign up now!