Credit transaction definition

Credit transaction means any transaction by the terms of which the repayment of money loaned or loan commitment made, or payment for goods, services, or properties sold or leased, is to be made at a future date or dates.
Credit transaction means every as- pect of an applicant’s dealings with a creditor regarding an application for credit or an existing extension of credit (including, but not limited to, informa- tion requirements; investigation proce- dures; standards of creditworthiness; terms of credit; furnishing of credit in- formation; revocation, alteration, or termination of credit; and collection procedures).
Credit transaction means any invitation to apply for credit, application for credit, extension of

Examples of Credit transaction in a sentence

  • Transactions in “futures market” are registered at the B3 S.A. ‐ Brasil, Bolsa, Balcão, daily appropriate/paid adjustments are accounted for as revenue or expense.Amount of margins deposited as collateral for transactions involving derivative financial instruments are comprised as follows: 06/30/2023 12/31/2022 Title Credit Transaction for Individuals CCB Brasil has payroll loan portfolios for civil servants and retirees, and vehicle financing transactions.


More Definitions of Credit transaction

Credit transaction means any open or closed end credit transaction whether in the nature of a loan, retail installment transaction, credit card issue or charge, or otherwise, and whether for personal or for business purposes, in which a service, finance, or interest charge is imposed, or which provides for repayment in scheduled payments, when such credit is extended in the course of the regular course of any trade or commerce, including but not limited to transactions by banks, savings and loan associations, or other financial lending institutions of whatever nature, stock brokers, or by a merchant or mercantile establishment which as part of its ordinary business permits or provides that payment for purchases of property or services therefrom may be deferred.
Credit transaction means any open or closed end credit transaction whether in
Credit transaction means an agreement that meets the criteria set out in section 8 (4);
Credit transaction means any transaction, whatever its form may be, and whether or not it forms part of another transaction, by which -
Credit transaction means, with re- spect to a counterparty:
Credit transaction means the grant, denial, extension or termination of credit to an individual.
Credit transaction means any open-end or closed-end credit transaction,