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Industrial loan companies

Author

Listed:
  • O. Emre Ergungor
  • James B. Thomson

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?

Suggested Citation

  • O. Emre Ergungor & James B. Thomson, 2006. "Industrial loan companies," Economic Commentary, Federal Reserve Bank of Cleveland, issue Oct.
    • Handle: RePEc:fip:fedcec:y:2006:i:oct1
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    Citations

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    Cited by:

    1. Christian Johnson & George G Kaufman, 2007. "Un banco, con cualquier otro nombre…," Boletín, CEMLA, vol. 0(4), pages 185-199, Octubre-d.
    2. Howard Tenenbaum, 2021. "What is hiding behind the money accumulating in Utah?," Environment and Planning A, , vol. 53(8), pages 1879-1895, November.
    3. Francisco José de Siqueira, 2007. "La instrumentación jurídica de la distribución de papel moneda de curso legal en Brasil," Boletín, CEMLA, vol. 0(4), pages 167-184, Octubre-d.
    4. Robert L. Hetzel, 2007. "Las contribuciones de Milton Friedman a la economía," Boletín, CEMLA, vol. 0(4), pages 150-166, Octubre-d.

    More about this item

    Keywords

    Industrial loan associations;

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