An investment intermediary that lends funds to consumers is
A)a finance company.
B)an investment bank.
C)a finance fund.
D)a consumer company.

Question

Quizplus · Accepted Answer

Finance companies provide loans to individuals and businesses, thereby acting as investment intermediaries. These loans can be for various purposes, such as buying a car, renovating a home, or starting a small business. Finance companies may also provide other financial services, such as credit cards and insurance products. Therefore, a finance company is the best choice for an investment intermediary that lends funds to consumers.

An Investment Intermediary That Lends Funds to Consumers Is