Question: Read each situation and identify the credit source that competes with banks. Explain your response. Jill is shopping for a new automobile and an automobile

Read each situation and identify the credit source that competes with banks. Explain your response.

Jill is shopping for a new automobile and an automobile loan. She checked out her bank's options for loans on its website, but last Saturday when she visited her local Ford dealer about the SUV she was interested in, the salesperson suggested she finance through Ford Credit. The loan offer was good, so she bought the automobile and settled the same day.

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