What are the three main types of finance companies?
A) Sales, lease, and buyback
B) Business, sales, and consumer
C) Factor, lease, and floor plan
D) None of the above are correct.
Correct Answer:
Verified
Q8: What is default risk?
A) A problem that
Q9: Two growth areas for consumer finance companies
Q10: Sales finance companies make loans to consumers
Q11: What is liquidity risk?
A) A problem that
Q12: In the early 1900s,banks did not offer
Q14: Which of the following is not an
Q15: Consumer finance companies typically make loans to
Q16: In which industry is factoring a common
Q17: The earliest examples of finance companies date
Q18: How do consumer loans differ between those
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