The contractor may then collect the finance payments from the consumer, choose to sell the retail installment contract
as a separate receivable, or package many such contracts together and sell them as a portfolio in the secondary market to an investor.
The company, which began originating retail installment contracts
in 1997, has a serviced finance portfolio of more than USD 37bn (as of June 30, 2014), has more than two m customers across all credit grades, and is headquartered in Dallas.
23 November 2011 -- DBRS on Tuesday terminated its rating on the notes of Canada-based CNH Capital Canada Receivables Trust, engaged in the acquisition and administration of retail installment contracts
and finance lease contracts.