The six types of basic lending institutions in the economy include commercial banks, savings and loan associations, credit unions, mortgage companies, finance companies, and investment banks.
Commercial banks provide a range of financial services, including loans and deposits, while savings and loan associations primarily focus on residential mortgages. Credit unions are member-owned institutions that offer loans and savings products, and mortgage companies specialize in home loans.
Finance companies provide consumer and business loans, while investment banks assist with capital raising and 소액결제 현금화 절차 financial advisory services.