Consumer financing cards, such as MasterCard, Visa and other co-branded products, that provide consumers with a revolving line of credit for purchases. The consumer chooses how much of the account balance to pay off each month, subject to minimum payments. Loan products that are offered to small and medium-sized businesses. Consumer or commercial bank savings products that bear interest for the customer. Revolving or fixed closed-end lines of credit.
Customers pay pre-arranged monthly installments, depending on the size of the credit line.
They are primarily offered through branches or telemarketing. Credit insurance offered to consumers, in conjunction with another financial product, to protect them if they experience payment hardship. Cards offered by a retailer that entitles the cardholder to unique benefits, such as discounts on purchases. Long-term loans which range in duration from 11 to 30 years. Payment terms are primarily monthly.