Finance companies operate more like nonfinancial, nonregulated companies than any other type of financial institution.

Question

Quizplus · Accepted Answer

Finance companies are not subject to the same regulation as banks and other financial institutions, and they often have a more diverse range of activities, including lending, leasing, and providing other financial services. This means that they may operate more similarly to nonfinancial, nonregulated companies than other financial institutions.

Finance Companies Operate More Like Nonfinancial, Nonregulated Companies Than Any