shelbydecker63 shelbydecker63
  • 10-11-2020
  • English
contestada

The Morris Plan, the first plan to make installment loans or credit available to the average
citizen, began in what year?

Respuesta :

Аноним Аноним
  • 10-11-2020

Answer:

1910

Explanation:

The first was started in 1910 in Norfolk, and the second in Atlanta in 1911. The plans established installment credit for customers. Lending required the borrower to provide references and proof of earnings to establish the borrower's credit worthiness. The banks gave depositors interest to secure funds for the loans.

Answer Link

Otras preguntas

Which is true about electronic prescribing systems and written prescriptions?
sino ang pinunit ng mga katipunero​
Use the drop-down menus to complete the sentences. are specifically listed in the US constitution. Unenumerated rights are protected by the Amendment.
Do you have to carry evidence of insurance whenever you drive. True or False
Which of the following is an indication of a chemical reaction? Ofreezing O melting O release of heat O all of the above
PLEASE HELP. SO HARD. SCIENCE ASSIGNMENT. ASAP
100 points, I need an essay written with a proper Introduction, thesis statement, three body paragraphs, and a conclusion. Whos up for the challenge? WRITE a li
Which type of lever has the fulcrum between the resistance and the effort? A.Class 1 B.Class 2 C.Class 3 D.None of the above
Help on this please will make brainliest
A bedroom wall is 12 feet long. A decorator places the center of a square painting that has side lengths of 3 feet in the exact center of the bedroom wall. How