Savings and loan associations were developed to primarily help
A)finance international trade.
B)promote large business loans.
C)finance the construction and purchase of new housing.
D)provide insurance services.

Question

Quizplus · Accepted Answer

Savings and loan associations were created to provide financial assistance to individuals seeking to finance the building or purchase of new homes. They typically offered lower interest rates and longer payment terms than other types of lenders.

Savings and Loan Associations Were Developed to Primarily Help