What are the major types of consumer loans? Why are the rates charged by consumer finance companies

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What are the major types of consumer loans? Why are the rates charged by consumer finance companies typically higher than those charged by commercial banks?

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Question Posted: Dec 17, 2015 04:43 AM

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What are the major types of consumer loans? Why are the rates charged by consumer finance companies

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Consumer loans include motor vehicle loans and leases other consumer loan...View the full answer

Financial Institutions Management A Risk Management Approach

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