Industrial loan companies

Ozgur Ergungor () and James B. Thomson ()

Economic Commentary, 2006, issue Oct 1

Abstract: Once Wal-Mart announced its intention to acquire an industrial loan company, a public furor arose that has brought a lot of attention to a type of institution that has existed for quite some time, but was not widely recognized outside of banking circles. What are ILCs and why have they become so controversial lately?

Keywords: Industrial; loan; associations (search for similar items in EconPapers)
Date: 2006

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