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Glossary: Retail finance

Retail finance refers to a consumer loan offered to individuals, rather than to businesses or organisations, that enables them to spread out the cost of a purchase.

Retail finance refers to a consumer loan offered to individuals, rather than to businesses or organisations. Retail finance can include a wide variety of products, such as credit accounts, instalment loans and buy now pay later options. All these products enable customers to spread out the cost of a purchase, improving affordability and encouraging customers to commit to purchases.

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