American_Bankers_Association
CTFA · Question #286
CTFA Question #286: Real Exam Question with Answer & Explanation
The correct answer is B. Consumer finance company. See the full explanation below for the reasoning.
Question
A firm that makes secured and unsecured personal loans to qualified individuals, also called a small loan company is called:
Options
- ACredit unions
- BConsumer finance company
- CSales finance company
- DCaptive finance company
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