3 years ago

What is a major advantage of using credit unions?

Social Studies

1 answer:

Lostsunrise [7]3 years ago

4 0

Answer:

D) They offer lower interest rates for borrowers.

Explanation:

due to lower interest rate on loan, credit union have a major advantage for borrowers. They dont have to pay anything to shareholder and due to this advantage of credit union of non-profit feature, they forward the surplus funds to the respective customers on having deposited accounts.

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