2 Terms
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Auto loans
Industry: Financial services
Add a new termContributors in Auto loans
Auto loans
Assurance
Financial services; Auto loans
This is an insurance that protects your financial repayments in the event of death, accident, illness, sickness, redundancy or financial insolvency.
Balance to be financed
Financial services; Auto loans
Amount financed by the finance company on behalf of the customer to cover the cost of the vehicle.
Balance sheet
Financial services; Auto loans
One of the three essential measurement reports for the performance and health of a company, along with the Profit and Loss Account and the Cashflow Statement. The Balance sheet is a 'snapshot' in ...
Balloon Payment
Financial services; Auto loans
A payment agreed at the commencement of the contract that is deferred to the end of the finance agreement and payable by the customer.
CCA (Consumer Credit Act) 1974
Financial services; Auto loans
Government act which protects the individual by regulating the operations of financial institutions and financial providers.
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