A consumer finance company refers to a non-bank financial institution established in People's Republic of China (PRC) with the approval of the China Banking Regulatory Commission, which does not absorb public deposits, and provides loans for domestic residents for the purpose of consumption on the principle of small amount and dispersion, and the words "consumer finance" should be marked in the company name.
Legal objectivity:
Measures for the pilot management of consumer finance companies Article 2 Consumer finance companies mentioned in these Measures refer to non-bank financial institutions established in People's Republic of China (PRC) with the approval of the China Banking Regulatory Commission, which do not absorb public deposits and provide loans for consumption to individual residents in China on the principle of small amount and dispersion. Measures for the pilot management of consumer finance companies Article 3 Consumer loans mentioned in these Measures refer to loans issued by consumer finance companies to borrowers for consumption (excluding house purchase and car purchase). Article 4 The name of a consumer finance company shall be marked? Consumer finance? Words. Without the approval of the CBRC, no institution may use it in its name? Consumer finance? Words.