Which of the Following Is True of Consumer Finance Companies

Multiple Choice

Which of the following is true of consumer finance companies?

A) Consumer finance companies always charge lower rates of interest than commercial banks.
B) Consumer finance companies make large loans 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 (signature) loans to qualified individuals.