Which of the following source of consumer loans often has the most favorable terms?
A) Commercial banks
B) Credit unions
C) Consumer finance companies
D) Savings and loan associations
E) None of the above

Question

Quizplus · Accepted Answer

Credit unions often offer the most favorable terms on consumer loans because they are nonprofit financial institutions owned by their members, so they can offer lower interest rates and fees.

Which of the Following Source of Consumer Loans Often Has