Discuss the role in consumer lending of : (a) Credit unions and (b) Savings and loan associations.
Question:
Discuss the role in consumer lending of :
(a) Credit unions and
(b) Savings and loan associations. Point out any similarities or differences in their lending activities. How do they compare with commercial banks?
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a A credit union is a cooperative financial institution that is owned and controlled by the people m...View the full answer
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Related Book For 
Personal Financial Planning
ISBN: 9780357438480
15th Edition
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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