Consumer credit definition

Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.
Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes, as set forth in Section 226.2(a)(12) of Regulation Z, 12 C.F.R. § 226.2(a)(12), as amended.
Consumer credit means credit offered or extended to a

Examples of Consumer credit in a sentence

  • Consumer credit reports may be obtained in connection with your application for accounts or services.

  • Our right of set off does not apply to Individual Retirement Accounts, ▇▇▇▇▇▇▇▇▇ Education Savings Accounts established pursuant to section 530 of the Internal Revenue Code, or to a debt created under a Consumer credit card plan (provided, however, that in the case of consumer credit card debt this provision shall not affect our rights under any consensual security interest).

  • CSO is not required to submit an Application to Lender where CSO has independently determined not to provide the Consumer credit services and not to issue the Letter of Credit.

  • ACH files containing PPD or Consumer credit transactions must be transmitted or delivered to Financial Institution at least 2 banking days prior to the Effective Entry Date of the Entries contained within the file.

  • Consumer credit service is provided by Pay4Later Ltd trading as DEKO and/or Duologi trading name of Specialist Lending Limited.


More Definitions of Consumer credit

Consumer credit is defined in 12 C.F.R §202.2(h).
Consumer credit means any credit extended by a creditor to a consumer for the sale or lease of any consumer product or service under which part or all of the price or payment therefor is payable at some future time, whether in full or in installments.
Consumer credit means credit extended to a person primarily for personal, family, or household purposes.
Consumer credit means credit offered or extended to a consumer primarily
Consumer credit means any loan, overdraft facility or other kind of credit, including leasing and hire-purchase, provided by an AI to and for the use of an individual as borrower, or to and for the use of another person for whom an individual acts as mortgagor or guarantor.
Consumer credit means credit offered or extended to a natural person primarily for personal, family, or household purposes.
Consumer credit means the consumer credit agreements covered by Decree-Law No 133/2009. Consumer credit agreements are classified in the following categories: