GLOSSARY: Consumer finance services

Glossary    >   Consumer finance services

What are ‘Consumer finance services?’

‘Consumer finance services’ include companies that provide financing to individuals. These range from credit card providers, mortgage lenders, consumer leasing providers, and installment loan solutions. 

In the case of point of sale finance, retailers need to use consumer finance services in order to bring financing options to their customers since retailers rarely have the resources to provide credit themselves. 

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