Consumer finance company definition

Consumer finance company means a licensee under the regulatory loan act, 1939 PA 21, MCL 493.1 to 493.24.
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Consumer finance company means a person engaged in the business of making loans to individuals
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Consumer finance company means a person engaged in the business of making consumer finance
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Examples of Consumer finance company in a sentence

  • For a national banking association, a branch as defined in 12 USC 36.(4) "Consumer finance company" means a licensee under the regulatory loan act, 1939 PA 21, MCL 493.1 to 493.24.

  • Consumer finance company should be in line with the Company Law of China and other provisions of the CBRC such as a place of business operations appropriate, safety measures and other facilities.

  • Consumer finance company is obligated to keep personal information provided by borrower, and should not use improper and unlawful means such as threatening, intimidating or harassing when the borrower fails to repay the loan principal and interest according to the contract.

  • Consumer finance company loans are unsecured, which is the advantages of consumer finance company’s service.

  • Attorney General’s Opinions Consumer finance company may charge borrower service charge of not more than $10 for dishonored check or draft given to company in payment of existing debt.

  • II-12] Consumer finance company and mutual savings bank household loan delinquency rates, and proportions of unsecured mutual savings bank loans by interest rate level 29[Fig.

  • Morocco as of June 1st, 2011 AXA AXA France Assurance (France) 100% AXA France IARD AXA France Vie AVANSSUR AXA Holding Maroc (France)(France)(France) 100% AXA France IARD AXA France Vie AVANSSUR AXA Assurance Maroc (branch)(branch)(branch) 99.9% 100% 94.11% 87.15% 99.67% 50% 49% Sté Gestion et RECAB / Epargne Assia ACRED (a) Force 2 ONA Courtage Surveillance Somafic (a) Croissance (a) Consumer finance company.

  • Sources of CreditDefinitionsCharge account Credit card Banks/financial institutions Seller-provided credit Consumer finance company Payroll advance service Go to the Introduction to Business Online Learning Center through glencoe.com for a printable graphic organizer.

  • H E I G H T S A T A G L A N C E Consumer finance company with 390 branches across 11 southern and mid-western U.S. states Provides secured and unsecured installment loans to near-prime and non-prime consumers as well as customary opt-in insurance and other financial products Gross loans receivable growth of nearly 24% year over year and over 9% sequentially as of the end of 2021 1 Projected Heights Finance adjusted earnings before taxes of $55 million in 2022.

  • Consumer finance company laws allow this company to expand into markets with greater ease and lower costs than a traditional bank branch while at the same time providing stronger net interest margins.


More Definitions of Consumer finance company

Consumer finance company means a person engaged in the business of making loans to individuals for personal, family, household, or other nonbusiness purposes.
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Related to Consumer finance company

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Consumer loan means a loan to one or more individuals for household, fam- ily, or other personal expenditures. A consumer loan does not include a home mortgage, small business, or small farm loan. Consumer loans include the following categories of loans:

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Consumer-goods transaction means a consumer transaction in which:

  • Consumer obligor means an obligor who is an individual and who incurred the obligation as part of a transaction entered into primarily for personal, family, or household purposes.

  • Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or

  • Consumer product means a chemically formulated product used by household and institutional consumers including, but not limited to, detergents; cleaning compounds; polishes; floor finishes; cosmetics; personal care products; home, lawn, and garden products; disinfectants; sanitizers; aerosol paints; and automotive specialty products; but does not include other paint products, furniture coatings, or architectural coatings. As used in this article, the term “consumer product” shall also refer to aerosol adhesives, including aerosol adhesives used for consumer, industrial, and commercial uses.