See Also: finance company(encyclopedia)
Finance company(finance)
finance company(dictionary)
Finance company(money)
Captive finance company(money)
Consumer finance company(money)
Captive finance company(finance)
Captive Finance Company - Motor Sports(gambling)
Finance(money)
finance(encyclopedia)

finance company (sh)




Specialized financial institution that supplies credit for the purchase of consumer goods and services.

Finance companies purchase unpaid customer accounts at a discount from merchants and collect payments due from customers. They also grant small loans directly to consumers at a relatively high rate of interest.