Credit and Debit Cards
Credit Reports
Improving Your Credit Rating

What are the 5 major sources of credit for consumers?


Top Answer
User Avatar
Wiki User
2012-03-14 23:12:26
2012-03-14 23:12:26

There are 5 major sources of Credit for Consumers.

1) Banks

2) Brokerage Firms

3) Credit Unions

4) Insurance Companies

5) Finance Companies

Here is a website that will fully explain each of the 5 sources in simple terms. I hope this helps!


Related Questions

According to the Consumer Affairs website, GMAC Mortgage does not rate well with consumers. It scored a 1.2 out of 5 stars. Credit Karma shows a rating of 2.1 out of 5 stars.

The 5 types of consumers are omnivores, herbivores, carnivores, ,insectivores and decomposers

A list of five different consumers is:FoxHawkRabbitFrogSnake

Many sources of funding exist, for small businesses. Among these sources are (1) yourself, (2) others in the small business, i.e., partners or founders, (3) friends and family members, (4) angel investors, (5) banks/credit unions ... perhaps by extending a line of credit to the small business, (6) venture capital, (7) professional advisors such as your attorney and/or accountant/CPA.

A credit score derived from the application of a credit scoring model created by the Fair, Isaac Company to a consumer's credit file held by a credit reporting company. FICO® scores range from 300 to 850, but almost all consumers have a score between the 600s and 700s. A beacon score of 680 is considered to be falls into the 'Good' category by 5 points.

various sources of waste are:- 1.domestic sources 2.commercial sources 3.industrial sources 4.agricultural sources 5.clinical/biomedical sources 6.mineral sources 7.nuclear sources

consumers eat producers,such as insects eating plants && other stuff lol

1.The right to a safe product 2.The right to be informed 3.The right to choose 4.The right to be heard 5.The right to redress

What credit cards begin with 5108

Big 5 Sporting Goods accepts all major credit cards in its stores and on its website. These cards include American Express.

1. Consumers have the right to a safe product---one that will not harm their health or lives. 2. Consumers have the right to be informed for protection against fraudulent, deceitful, or grossly misleading information and to be given the facts needed to make informed choices. 3. Consumers have the right to choose-- to have available a variety of products and services at competitive prices. 4. Consumers have the right to be heard--the guarantee that consumer interests will be listened to when laws are being written. 5. Consumers have the right to redress-- the ability to obtain from manufactures adequate payment if their product causes financial or physical damage.

The tropical rainforest food chain has four levels. The four levels are the primary producers, the primary consumers, secondary consumers and the tertiary consumers.

whale ,shark ,fish,turtles

The quickest loans consumers can get are the payday loans that are typically for a one month period but can be renewed each month for bout 5 months until they must be paid off. Consumers can also contact their local bank or credit union and apply for loans that are more substantial than $1000.

name and explain 5 sources of debt financing

5 Sources of heat and light energy? 1. Sun 2. petroleum 3. natural gas 4. coal 5. solar energy

name 5 of the major parts of the resume.

what are the 5 major exports and imports of japan


snakes,frogs,lions,tigers and bears

The answer for this question is>>> Producers Consumers:1.)Plants 1.)2.)lichens 2.)3.)mosses 3.)4.)ledges 4.)5.)willow 5.)Decomposer:

The fees associated with joining Kinecta Federal Credit Union are negligible. There is a one-time, non refundable $10 fee for a Co-op application and for members of the Consumers Cooperative Society of Santa Monica (CCSSM). All others who qualify may join for life with just a $5 deposit.

Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.