> Auto Leasing and Loans
Closed-end loans with an average term of 42 months. Loans range from 12 months to 60 months for the purchase and financing of new and used automobiles. Financing primarily for the leasing of new cars.
> BankCards
Consumer financing cards, such as MasterCard, Visa and other co-branded products, that provide consumers with a revolving line of credit for purchases. The consumer chooses how much of the account balance to pay off each month, subject to minimum payments.
> Commercial Loans
Loan products that are offered to small and medium-sized businesses.
> Consumer Loans
Revolving or fixed closed-end lines of credit. Customers pay pre-arranged monthly installments, depending on the size of the credit line. These are also referred to as direct-to-consumer loans, unsecured revolving loans or direct loans, depending on the market. They are primarily offered through branches or telemarketing.
> Insurance
Credit insurance offered to consumers, in conjunction with another financial product, to protect them if they experience payment hardship.
> Mortgages
Long-term loans which range in duration from 5 to 20 years. Payment terms are primarily monthly. Mortgages are offered through brokerage houses, agents and dealers.
> Sales Finance
Closed-end personal loans issued with or without collateral. They are offered primarily through retail channels. Term loans range anywhere between 12 and 60 months, and there are often interest-free periods as well as no annual fees.
|
