Which of the following is NOT true?
A) The fastest growing area of finance companies in recent years has been in the area of leasing and business loans.
B) Consumer loans represent the largest portion of the loan portfolio of finance companies.
C) Finance companies rely on short-term commercial paper and customer deposits to finance their assets.
D) Finance companies rely on short-term commercial paper and long-term debt to finance their assets.
Correct Answer:
Verified
Q43: Factoring involves
A)making loans to customers that depository
Q45: Finance companies have traditionally been subject to
Q57: A company that specializes in making loans
Q59: Finance companies have enjoyed very high rates
Q63: Finance companies charge different rates than do
Q63: Which of the following is the type
Q64: Which of the following might lead a
Q65: Prior to the financial crisis that began
Q68: Which of the following observations concerning payday
Q82: A person with a history of bad
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