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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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