A finance company that makes loans to high-risk customers is called a
A) subprime lender.
B) commercial bank.
C) factor.
D) warehouse lender.
E) credit lender.
Correct Answer:
Verified
Q19: Generally,a captive finance company is wholly owned
Q20: On average,finance companies have higher capital-to-total-asset ratio
Q21: Factoring is
A)equipment leasing.
B)servicing mortgage factors.
C)purchasing corporate accounts
Q22: After 2011,savings institutions have primarily been regulated
Q23: SI profitability declined in the mid-2000s due
Q25: The predominant liabilities for savings institutions are
A)commercial
Q26: Deposits at savings banks are backed by
Q27: The U.S. Central Credit Union and the
Q28: Historically,most savings institutions were established as
A)mutual organizations.
B)stockholder
Q29: In 2016,_ had on average the greatest
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents