Companies that make small loans to people who need cash urgently are called:
A) ATMs.
B) credit unions.
C) payday lenders.
D) community banks.
Correct Answer:
Verified
Q4: Subprime lenders include:
A)pawn shops.
B)loan sharks.
C)payday lenders.
D)All of
Q5: Low-income and high-risk borrowers may have to
Q6: A finance company:
A)underwrites large capital investments.
B)does not
Q7: The original purpose of savings institutions was
Q8: Community banks are in no danger of
Q10: Since 1984, the number of banks in
Q11: The three main types of banks are:
A)commercial,
Q12: Subprime lenders include:
A)commercial banks.
B)pawn shops.
C)credit unions.
D)All of
Q13: Community banks have less than in assets.
A)$1
Q14: Finance companies only ; they do not
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