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What are credit union and thrift societies |
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Answer» Answer: CREDIT union and Thrift SOCIETIES can be defined as the coming together of a group of PEOPLE with common interest who have agreed to pool their resources together from which loan facilities are made available to members at an agreed rate of interest. The credit union’s mission is to provide its members with access to REASONABLY priced financial services and encourage the development of good financial practice. It is common among people in the same line of trade or business. Explanation: plz mark it as brainliest |
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