NAICS 522291
What is the NAICS code 522291?
The NAICS code 522291 is applied to those industries related to Consumer Lending.
This U.S. industry comprises establishments primarily engaged in making unsecured cash loans to consumers.
Illustrative examples:
- Finance companies (i.e., unsecured cash loans)
- Personal credit institutions (i.e., unsecured cash loans)
- Loan companies (i.e., consumer, personal, student, small)
- Student loan companies
Therefore, all companies engaged in any industrial activity related to this type of business are grouped under category 522291 in the North American Industry Classification System.
This industrial activity of NAICS code is structured as follows:
- 52 - Finance and Insurance
- 522 - Credit Intermediation and Related Activities
- 5222 - Nondepository Credit Intermediation
- 52229 - Other Nondepository Credit Intermediation
- 522291 - Consumer Lending
Characteristics of the North American Industry Classification System code 522291
NAFTA
This code is only used in the North American Industry Classification System (NAICS). It´s to say, it is not used in the North American Free Trade Agreement (NAFTA): United States, Canada, and Mexico.
Related codes
The NAICS industry 522291 has the following cross-references:
- Accepting deposits and lending funds from these deposits are classified in Industry Group 5221, Depository Credit Intermediation.
- Arranging loans for others on a commission or fee basis are classified in Industry 522310, Mortgage and Nonmortgage Loan Brokers.
- Factoring accounts receivables are classified in U.S. Industry 522299, International, Secondary Market, and All Other Depository Credit Intermediation.
- Providing credit sales by issuing credit cards are classified in Industry 522210, Credit Card Issuing.
- Servicing loans or providing check cashing services are classified in Industry 522390, Other Activities Related to Credit Intermediation.
Related activities
Below are some of the most common types of activities in the Consumer Lending industry (NAICS Code 522291):
- Consumer finance companies (i.e., unsecured cash loans)
- Consumer lending
- Finance companies (i.e., unsecured cash loans)
- Loan companies (i.e., consumer, personal, small, student)
- Personal credit institutions (i.e., unsecured cash loans)
- Personal finance companies (i.e., unsecured cash loans)
- Small loan companies (i.e., unsecured cash loans)
- Student loan companies