The Major Difference Between Finance Companies and Banks Is

The major difference between finance companies and banks is:

A) finance companies are always member owned.
B) there is very little difference except for size.
C) finance companies generally get their funds by borrowing from banks or by selling commercial paper.
D) finance companies make their money by charging a fixed fee on transactions and banks make most of their money by taking in money and lending it out at a higher interest rate.