The typical customer of a payday lender has income of between $25,000 and $50,000 per year.
Correct Answer:
Verified
Q39: Sales finance companies do not directly compete
Q40: As a percent of assets, finance companies
Q41: Business credit institutions specialize in making business
Q42: Which of the following is NOT true?
A)The
Q43: Factoring involves
A)making loans to customers that depository
Q45: Finance companies have traditionally been subject to
Q46: Subprime lenders that charge unfairly exorbitant rates
Q47: The first major consumer finance company which
Q48: Factoring is the process of purchasing accounts
Q49: Finance companies have enjoyed very high rates
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