Retail credit

Retail credit

Credit granted by a firm to consumers for the purchase of goods or services. See: consumer credit.
References in periodicals archive ?
A credit facility is a type of loan made in a business or corporate finance context, including revolving credit, term loans, committed facilities, letters of credit, and most retail credit accounts.
Retail credit was flat in June after contracting in monthly terms in the first five months of 019, though we await further data to confirm a stabilisation.
Altisource's financial services business provides customer relationship call center, accounts receivable management and mortgage charge-off collection services to clients within the financial services, insurance, hospitality, utility and retail credit industries.
KFH says it is the first fully automated workflow for retail credit in the region.
In his new role, Lovely is responsible for leading field sales and retail credit operations throughout the US, managing a team of more than 140 employees.
Retail credit card chargeoffs decreased 28 basis points to an average of 7.14% in 3Q'18 from 7.42% in 2Q'18.
Bahrain Commercial Facilities Company chief executive Dr Adel Hubail said, "As part of our digital transformation strategy we wanted to use technology to challenge the way retail credit business is done in Bahrain.
Khalil al Hedaifi, chief retail banking officer at Bank Sohar, said, 'In our drive to become recognised as Oman's most customer-centric bank, we find the grand occasion of the 48th National Day a fitting opportunity to extend celebrations with customers through our retail credit card facilities.
Commenting on introducing these two promotions, Mr Khalil Al Hedaifi, Chief Retail Banking Officer at Bank Sohar, said, "In our drive to become recognized as Oman's most customer-centric bank, we find the grand occasion of the 48 th National Day a fitting opportunity to extend celebrations with customers through our retail credit card facilities.
Citi Retail Services is one of North America's largest and most experienced retail credit solution providers, delivering consumer and commercial credit card products, both private label and co-brand, to retailers and their clients.The new Cat Card Program will offer both commercial and consumer financing options to give customers the flexibility to finance parts, servicing and rental needs at participating Cat dealers in the United States and Canada.
Irish financial services company Permanent TSB Group Holdings plc has agreed to sell a non performing loan portfolio to the retail credit firm Start Mortgages DAC, supported by LSF Irish Holdings 97 DAC, both affiliates of the Lone Star Funds, the company said.
The AECB Consumer Retail Credit Bureau Score is the first scoring system for UAE's retail banking customers, exclusively developed for risk prediction using historical data on repayment behaviour reported to Al Etihad Credit Bureau.