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finance company
(redirected from finance houses)

    Also found in: Dictionary/thesaurus, Financial 0.01 sec.

finance company

Specialized financial institution that supplies credit for the purchase of consumer goods and services. Finance companies purchase unpaid customer accounts at a discount from merchants and collect payments due from customers. They also grant small loans directly to consumers at a relatively high rate of interest.
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A mortgage advisors can provide a lot of help and advice when applying for a new mortgage In general, though, finance houses in the UK charge a valuation fee for loans.
UK Mortgage Deals Explained by John Preest / Finance and Investment community
 
 
 
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