Many large finance companies offer all the following types of loan EXCEPT
A) home equity lines of credit.
B) credit card loans.
C) inventory loans to businesses.
D) accounts receivable loans to businesses (factoring) .
E) None of the options
Correct Answer:
Verified
Q48: Factoring is the process of purchasing accounts
Q49: Finance companies have enjoyed very high rates
Q50: What is the primary function of finance
Q51: Finance companies operate more like nonfinancial, nonregulated
Q52: Which of the following is NOT true?
A)The
Q54: As an industry, finance companies have escaped
Q55: The FDIC allows its member banks to
Q56: This type of finance company competes directly
Q57: Which of the following is NOT a
Q58: Loans that let customers borrow on a
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