Which of the following financial institutions specialize in making personal loans to people who are perceived to have a higher risk of default?

Question

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Finance companies specialize in making loans to people who may have a higher risk of default, such as those with poor credit histories or low incomes. These loans often come with higher interest rates and fees to offset the increased risk. Commercial banks, trust companies, and credit unions may also offer personal loans, but they typically have stricter lending criteria and may not be as willing to lend to those with lower credit scores or less stable financial situations.

Which of the Following Financial Institutions Specialize in Making Personal