Credit union is a financial institution owned by the account holders
What is payday lending shop?
This is a store which could be a physical or an online store that lends to individuals in expectation of their payday because such borrowings would be repaid from their next pay which could be salaries, pensions or social security payments, which means there is a difference between lenders and borrowers.
What is a commercial bank?
These are financial institutions that are owned by shareholders whose capital requirement demands that stocks be sold since it is usually huge.
What is a credit union?
This is a small-scale bank or financial institution owned by its customers that patronize it, in other words, the owners and customers are one and the same.
What is check cashing outlet?
This is an arm of the major banks that enables beneficiaries of checks to turn them to cash without the need to visit a full-fledge bank hall.
In essence, option c is the most appropriate in this case.
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