What are the advantages of consumer finance compared with traditional finance?

If the consumer finance you are talking about is a way of business, then I can tell you that the consumer finance business itself is a traditional financial business.

If you are talking about the differences and advantages between consumer finance companies and traditional financial institutions, then I tell you that there may be only one advantage, that is, professionalism. General consumer finance companies only pay attention to or focus on one type of business.

But the disadvantage is also obvious, that is, except for consumer finance companies with branded goods, the consumer credit interest rates of general consumer finance companies are on the high side. So we should pay attention to the loan interest rate when lending to consumer finance companies.