when hadley jones wanted to buy a truck so he could get to and from his job in a nearby community, his credit rating was poor. jones found that the only place he could get a loan was from a(n) finance company.

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14-12-2022
Business

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when hadley jones wanted to buy a truck so he could get to and from his job in a nearby community, his credit rating was poor. jones found that the only place he could get a loan was from a(n) finance company.

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Tundexi Tundexi · Answer 1 · 2022-12-16T11:29:06+01:00

When hadley jones wanted to buy a truck so he could get to and from his job in a nearby community, his credit rating was poor. He found that the only place he could get a loan was from a consumer finance company.

What is a Consumer Finance?

It refers to an activities aiming to provide financing for the purchase of durable goods and services for the consumer purposes once practiced as a regular activity.

The number of lending institutions offering services competing with those of consumer finance companies increased steadily as new credit unions were formed. The company of consumer finance engage primarily in making personal. loans to consumers and are identified and defined by their operations.