Sunday, August 30, 2009

Finance Companies

Finance Companies are sometimes called "department stores of consumer and business credit. these institution grant credit to businesses and consumers for a wide variety of purposes, including the purchase of inventories, business equipment, automobiles, home repairs, vacations, medical care, mobile homes, and home appliances. Most authorities divide firms in the industry into one of three groups-consumers finance companies, sales finance companies, and commercial finance companies.

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