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Select the term associated with the source of consumer loans that corresponds to each of the given descriptions. (Note: These are not complete definitions, but
Select the term associated with the source of consumer loans that corresponds to each of the given descriptions. (Note: These are not complete definitions, but there is only one possible answer for each description) Term Description These institutions generally offer higher interest rates than many other types of institutions because the vendor of the item being financed arranges the financing and must be paid for that service These institutions are not high volume consumer loan lenders Using these institutions is essentially borrowing from oneself These institutions are known as small loan companies with most loans for $5,000 or less. Loans from these institutions are in high demand but given only to those who are good credit risks
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