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A financial institution that offers short-tem loans to businesses and consumers at higher rates than banks is a
finance company
all of the above
commercial banks
anything generally accepted as a measure of value and wealth
commercial
members
money
charge interest when lending money
The majority of banks in the United States are
finance company
all of the above
commercial banks
anything generally accepted as a measure of value and wealth
commercial
members
money
charge interest when lending money
Savings and loans are financial institutions that
finance company
all of the above
commercial banks
anything generally accepted as a measure of value and wealth
commercial
members
money
charge interest when lending money
What type of banks are called full-service banks?
finance company
all of the above
commercial banks
anything generally accepted as a measure of value and wealth
commercial
members
money
charge interest when lending money
A medium of exchange is
finance company
all of the above
commercial banks
anything generally accepted as a measure of value and wealth
commercial
members
money
charge interest when lending money
A standard of value and a means of exchange or payment is
finance company
all of the above
commercial banks
anything generally accepted as a measure of value and wealth
commercial
members
money
charge interest when lending money
The primary way for banks to generate a profit is to
finance company
all of the above
commercial banks
anything generally accepted as a measure of value and wealth
commercial
members
money
charge interest when lending money
Credit union customers are called
finance company
all of the above
commercial banks
anything generally accepted as a measure of value and wealth
commercial
members
money
charge interest when lending money
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