Difference between revisions of "Consumer Finance"
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== Issues and Challenges == | == Issues and Challenges == | ||
* The use of the term is loose. It implies that all borrowing by individuals is for consumption purposes which need not be the case | * The use of the term is loose. It implies that all borrowing by individuals is for consumption purposes which need not be the case | ||
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| + | == See Also == | ||
| + | * [[Personal Finance]] | ||
[[Category:Retail Lending]] | [[Category:Retail Lending]] | ||
Latest revision as of 15:34, 25 September 2021
Definition
Consumer Finance (also Retail Banking) denotes all financial service provision towards individual (retail) clients. Finance provided to individual and household consumers, such as mortgages and motor vehicle loans.
Issues and Challenges
- The use of the term is loose. It implies that all borrowing by individuals is for consumption purposes which need not be the case
