A captive finance company refers to
A)a finance company that is owned by individuals who borrow money from the company.
B)finance companies that won't allow early repayment of loans.
C)a company that is wholly owned by another company and provides financing to purchasers of its owner company's goods.
D)any company that issues a major credit card.

Question

Quizplus · Accepted Answer

A captive finance company is a subsidiary that provides financing to customers buying the parent company's products, helping to facilitate sales.

A Captive Finance Company Refers to