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Which of the Following Statements Regarding Consumer Finance Companies Is

Question 51

Multiple Choice

Which of the following statements regarding consumer finance companies is true?


A) Consumer finance companies accept deposits and give small loans to their members.
B) Consumer finance companies make loans of any size to low-risk borrowers.
C) Consumer finance companies offer consumer loans at the lowest interest rates.
D) Consumer finance companies offer consumer loans only for home mortgage lending.
E) Consumer finance companies make secured and unsecured loans to qualified individuals.

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