As a percent of assets, finance companies currently rely more heavily on commercial paper as a source of financing than in 1977.

Name: As a percent of assets, finance companies currently rely more heavily on commercial paper as a source of financing than in 1977.
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Finance companies have diversified their sources of financing over the years, and the reliance on commercial paper has decreased as they have accessed other funding sources like long-term debt and securitization.

As a Percent of Assets, Finance Companies Currently Rely More