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Select the correct answers. which two statements about financial service companies are true? they offer loans only to consumers who have good credit ratings. they partner with businesses to provide credit to consumers. they are the largest type of financial institution in the united states. they charge a higher interest on loans to consumers than banks do. they specialize in providing residential and commercial property loans.

Respuesta :

The statements which are true about financial service companies are : they partner with businesses to provide credit to consumers, and they charge a higher interest on loans to consumers than banks do.

Financial service companies check with a financial company that has economic services. This includes, among other things, banks, Mastercard companies, insurance companies, accounting firms, credit unions, stock brokerages, investment, and consumer finance companies.

They partner with businesses to supply credit to consumers to scale back the danger of the creation of non-performing assets and avoid transactional credit. Teaming up with businesses also expands their consumer markets and helps in networking.

They charge the higher interest on loans to consumers than banks do because these institutions don't seem to be as big as banks and do not have a large client base. Therefore, they can't afford to convey loans at lower interest rates.

For further insights on financial service companies, refer to the following link : https://brainly.com/question/3242144

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