Consumer Finance Company

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Consumer finance company

See: Finance company

A non-bank lender. A consumer finance company does not receive deposits, but does make loans to customers for business or personal use. It derives its profits from the interest on these loans. It is also called simply a finance company.

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the rules, a consumer finance company, defined as a non-banking financial institution, provides loans to domestic citizens of China for their personal consumption, and does not accept deposits from the public.

China : China Announces Regulations on Consumer Finance by TendersInfo

During the trial period, CBRC has indicated that only one consumer finance company will be established in each city.

China Finalises Rules For Consumer Finance Companies by Mondaq Business Briefing

LSE: CTT) is a British consumer finance company based in Batley, West Yorkshire.

PwC role probed by The Daily Mail (London, England)

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