Pawn shops give small short-term loans but require in return.
A) very high collateral
B) high interest rates
C) a payment equal to twice the amount of the loan
D) credit cards
Correct Answer:
Verified
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
Q16: An institution that is owned by its
Q17: A credit union is different from a
Q18: Which of the following states has no
Q19: A financial holding company is an institution
Q20: According to a survey of payday lenders,
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