> Auto Leasing and Loans
Auto Leasing is the financing primarily for the leasing of new cars. Lease terms range from 12 to 54 months. Auto Loans are 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.
> 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.
> 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.
> Loyalty Cards
Cards offered by a retailer that entitles the cardholder to unique benefits, such as discounts on purchases.
> Private Label Credit Cards
Revolving credit issued under a retailer's or manufacturer's name. Consumers choose how much of the account balance to pay off each month, subject to minimum payments.
> 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 120 months, and there are often interest-free periods as well as no annual fees.
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