Consumer finance company definition

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

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

  • 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 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.


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.

Related to Consumer finance company

  • Consumer fireworks means fireworks devices that are designed to produce visible effects by combustion, that are required to comply with the construction, chemical composition, and labeling regulations promulgated by the United States consumer product safety commission under 16 CFR parts 1500 and 1507, and that are listed in APA standard 87-1, 3.1.2, 3.1.3, or 3.5. Consumer fireworks does not include low-impact fireworks.

  • LLC means Limited Liability Company.

  • 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.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.