Diac

DIAC is the French captive finance arm of Renault Group, operating within the Mobilize Financial Services (RCI Banque S.A.) group, focused on financing new and used vehicles primarily for Renault, Dacia, and Alpine in France. It offers standard amortizing auto loans, lease with option to buy (LOA), and long-term rental (LLD), often alongside ancillary services such as maintenance, extended warranty, payment protection, or GAP insurance provided through partners. Finance is typically arranged at the dealership, with eligibility based on credit checks and documentation (identity, income, address, and bank details); some journeys may be initiated online via brand sites. Pricing is promotional and risk-based: the annual percentage rate depends on the borrower profile, vehicle, term, and any dealer campaign; dossier fees and mandatory costs are included in the APR disclosure. Under French consumer credit rules, customers receive standardized pre-contract information, benefit from a 14‑day withdrawal period for consumer credit, and can make early repayments with compensation capped by law; LOA/LLD contracts may involve mileage limits, wear-and-tear assessments at return, and potential fees for excess use or damage. DIAC distributes optional insurance as an intermediary and is subject to financial and conduct supervision applicable to credit institutions in France (ACPR/Code de la consommation); unresolved complaints can be escalated to an approved sector mediator. DIAC does not function as a full-service retail bank for everyday accounts, and public deposit products are not its core offering; consumers seeking savings accounts should review products from deposit‑taking entities within the group rather than DIAC. Its proposition is most relevant at the point of sale for buyers of Renault Group vehicles who want financing integrated with the dealership, while shoppers comparing across brands may consider quotes from independent banks and lenders for benchmarking.