Definitions for "Captive Finance Company"
A company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company.
A captive finance company is one that is owned by the automobile manufacturer that finances the vehicles that they sell.
A finance company that is separate from a dealership but is owned by a parent company. Automobile manufacturers have established captive finance companies for the purpose of financing autos for consumers. These finance companies are able to finance any vehicle - not just the specific manufacturer's products. Often, a dealer will give you a choice of a special dealer finance rate or a manufacturer's rebate. In many cases, the rebate will be a better deal.
Commission Credit Bureau Credit-related Insurance
Commitment Credit Card Creditor
Commission Credit Card Creditor