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References in periodicals archive ?
American General Finance provides loans, retail financing and other credit-related products to consumers in the US, Puerto Rico, the Virgin Islands, and the UK AIG agreed in August to sell it to hedge-fund manager Fortress Investment Group LLC for $125 million.
American General Finance provides loans, retail financing and other credit- related products in 45 states, the UK, Puerto Rico and the US Virgin Islands.
American General Finance, which provides loans to people in the United States, Puerto Rico, the Virgin Islands and the United Kingdom, has assets of about $20 bln and liabilities of about $18 bln.
The company specifically serves American General Finance's consumer credit customers and is licensed in all states except Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont.
About 80 per cent in American General Finance is to be sold by AIG to Fortress Investment Group.
The company's consumer finance unit - American General Finance - said its operating loss narrowed from $202 million in the year ago period to $11 million in the June quarter.
As such, he is a customer of fraud-detection companies and, about four years ago, American General Finance began using for the first time automated fraud-detection software.
Yosemite Insurance, located in Evansville, is dependent on its parent company, American General Finance Inc., Yosemite's sole distribution channel and source of business.
American International Group Inc (NYSE: AIG) is considering a sale of its consumer finance unit American General Finance (AGF), Dow Jones has reported citing a separate report by the Financial Times.
Part of Evansville-based American General Finance, Merit Life has found a booming niche by offering credit life and credit disability insurance as well as a general portfolio of whole life and term plans.
American General Finance Corporation, the consumer lending subsidiary of American International Group Inc (NYSE: AIG) will receive nearly USD1bn by selling mortgage-backed certificates to Credit Suisse Group AG (NYSE: CS) (ZHR: CSGN) (CSGN.VX).
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