Some credit unions are now extending personal loans to members,often without personal collateral,in order to start a business.

Question

Quizplus · Accepted Answer

This statement is true. Some credit unions are indeed extending personal loans to members, even without personal collateral, to help them start a business. This is because credit unions are member-owned financial cooperatives that aim to support their members' financial needs.

Some Credit Unions Are Now Extending Personal Loans to Members,often