Question
Due to greater tolerance for allowing loans to people with __________ credit scores, installment loans from consumer finance companies or sales finance companies tend to
Due to greater tolerance for allowing loans to people with __________ credit scores, installment loans from consumer finance companies or sales finance companies tend to carry _________ interest rates compared to those of the same installment loans from banks.
a. | higher; higher | |
b. | higher; lower | |
c. | lower; higher | |
d. | lower; lower |
The Federal Deposit Insurance Corporation (FDIC) insures
a. | banks against a loss of housing value in their mortgages. | |
b. | consumer mutual funds against a loss in their market value. | |
c. | customer deposits against a decrease in market interest rates. | |
d. | customer deposits against the bank closing. | |
e. | banks granting mortgages to receive 20% of the original purchase price of the home. |
In a condominium
a. | the person neither owns the inside nor the structure and surrounding land. | |
b. | the person owns the inside but not the structure and surrounding land. | |
c. | the person owns the structure and surrounding land but not the inside. | |
d. | the person owns the inside as well as the structure and surrounding land. |
Just need the answers no explanation required, thanks!
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