1. Survey of Finance Companies, 2015.
- Author
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Chen, Lisa, Elliehausen, Gregory, and Wicks, Mark
- Subjects
FINANCE companies ,PAYDAY loans ,CONSUMER credit ,CONSUMER finance companies - Abstract
The article focuses on finance companies are nondepository financial firms whose primary business is providing debt and lease financing to consumers and businesses. Topics include the finance companies held nearly $747 billion of consumer credit and lease receivables, the finance companies are the third-largest institutional supplier of consumer credit, and the finance companies continue to account for a substantial share of residential mortgage originations.
- Published
- 2018
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