A credit grantor is any individual or business that extends credit to customers. The credit can be for other businesses or consumers and can come in many forms, such as closed-end loans (like auto loans, mortgages, and student loans), revolving loans (like credit cards or certain home equity loans), or a hybrid of the two. Some credit is backed by property or assets. In the U.S., the primary credit grantors are large commercial banks and credit unions. But credit is also extended by small businesses, governments, and other organizations.
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Aetna Selects Chesapeake?s T-Recs Enterprise for Global Treasury Operations
8 October 2008
Global Central Banks Intervene; Fed Cuts Interest Rates
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Treasury Announces Solicitations for Financial Agents For Rescue Plan
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Bailout Supporters Received More Contributions from Banks
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Citigroup to Buy Wachovia Banking Operations: FDIC
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Minimize Losses or Maximize Profits?
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