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Activities Related to Credit Intermediation

Activities Related to Credit Intermediation

NAICS Code: 5223

Establishments in the NAICS industry 5223, Activities Related to Credit Intermediation, primarily engage in facilitating credit intermediation by performing activities such as loan servicing, credit card issuing, and payment processing. These establishments provide services that support the extension of credit, including managing and collecting payments on loans and credit accounts. This industry is distinguished from other financial services industries by its focus on ancillary activities that support the credit intermediation process rather than directly providing loans or accepting deposits.

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