consumer finance company
1
3.7
- noun
- /kənˈsjuːmər faɪˈnæns ˈkʌmpəni/
- Specialized
- A consumer finance company can help people with bad credit.
- largest consumer finance company
Examples
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A consumer finance company often charges higher interest rates than traditional banks.
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After being declined by their bank, they applied for a loan at a consumer finance company.
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Many people use a consumer finance company to cover emergency expenses when other credit is unavailable.
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Many consumer finance companies offer flexible repayment plans.
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A consumer finance company can help individuals secure loans when traditional banks won't approve them.
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Many people turn to a consumer finance company when they need funds for unexpected expenses.
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The consumer finance company offers various credit options to assist those with limited banking access.
Synonyms
1
3.8
A company that gives small loans to people who cannot get bank loans
How Large
- Specialized
29
3.1
∞
1.0
- Specialized
1
3.7
1
3.8
Surface Forms
Morphology
The meaning 'a company that provides loans or credit to individuals' is directly and compositionally derivable from 'consumer' (individual buyer) + 'finance' (providing funds) + 'company' (organization). This noun-noun compound follows regular English compounding and has clear cross-linguistic parallels, so a B1 learner who knows the parts will readily infer the overall meaning.
Etymology
Consumer finance company literally names a business where a company gives money to consumers, meaning everyday people, for finance or 'loans'. Think of a small office where people go when a 'bank' says no; that's why it means a company that offers 'credit' or 'loans' to individuals who cannot get bank loans.