Examples of Consumer credit in a sentence
Employees, however, can ask for bigger loans and use a further fifth of their salary; in this case, as well as using one fifth of their salary, they must also enter into a ‘deduction of payment’ contract with the lender (> Consumer credit from A to Z).The employer is obliged to respect salary-backed loans but can decide whether or not to approve the deduction of a further fifth of a salary.
As protection against the risk of non-repayment, the lender can ask for personal guarantees such as a surety (> Consumer credit from A to Z) and/or an insurance policy.
The AOER and usuryThe AOER (Average Overall Effective Rate) is the reference rate for calculating the usury ceiling (> Consumer credit from A to Z), above which a loan becomes illegal.
The Consumer credit card portfolio includes Consumer Banking and GWIM.
EMERITUS PROFESSOR AND VISITING PROFESSOR(1) A retired Professor of the University having an authoritative standing in the field and whose long and distinguished services has added-luster to the University may, on the recommendation of the Vice-Chancellor, be selected by the Executive Council for conferment of status and appointment as „Professor Emeritus‟.