American General Finance--- Offer valued services

American General Finance a subsidiary of American General Corporation is one of the nation’s largest specialized financial services association providing, investments, life insurance, consumer loans and retirement services to near about 12 million customers.

American General Finance is on of the largest consumer finance companies in the country with over $61 billion in assets and has a lending experience. The company covers the need of its customers by providing them loan, retail financing, and other credit related products to more than one million American families through their 1411 branch offices. Quoted by Richard E. Meier - Chairman & CEO 1925 – 1968 "... consumer credit is responsible for more happiness, more peace of mind, for creature comforts, for more leisure time, yes, even better health, than any other single element in our business economy."

American General Finance--History

Incorporated in 1920 in Evansville, Indiana, American General Finance is the leading largest insurance and finance organization. The company raised 100 employees in 1941 and in 1945; the company was able to open 30 branch offices in 3 states. It goes increasing year by year. The capital and surplus of the company reached to $1 million in 1979.

In 1969, the company approved and listed on the New York Stock Exchange. By that time, the company licensed to operate 350 branch offices. Between 1982 and 1988, the American General Finance acquired by American General Corporation and Manufacturers Hanover Consumer Services. The company again purchased by American International Group, Inc in 2001.

American General finance—today's need

American general finance company constantly obtains more than half its earnings from door-to-door insurance sales and employed 16,000 workers and 48,000 agents and salesmen. Quality commitment, streamlined work, free services, speedy processing loans are some of the promises of the company to its customers. It expands into financial services other than insurance, including the distribution of mutual funds, mortgage banking with real estate subsidiaries, the sale of variable annuities and title insurance, equipment leasing and financing, and investment counseling.