consumer credit


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Related to consumer credit: commercial credit, investment credit

consumer credit

n.
Credit granted to a consumer permitting the use or ownership of goods or services during a term of payment.

consum′er cred′it


n.
credit extended by a retail store, bank, etc., chiefly for the purchase of consumer goods.
[1925–30]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.consumer credit - a line of credit extended for personal or household useconsumer credit - a line of credit extended for personal or household use
equity credit line, home equity credit, home equity loan, home loan - a loan secured by equity value in the borrower's home
installment credit, installment loan - a loan repaid with interest in equal periodic payments
charge account credit, open-end credit, revolving credit - a consumer credit line that can be used up to a certain limit or paid down at any time
bank line, credit line, line of credit, personal credit line, personal line of credit, line - the maximum credit that a customer is allowed
Translations

consumer credit

ncredito al consumatore
References in periodicals archive ?
In 2017, Lithuanias consumer credit market posted a significant decline in the number of those who were late to repay their loans, as well as in the number of those who took out the riskiest credits.
Banks will no longer charge fees for the utilization and management of consumer loans, after Bulgarian lawmakers adopted on second reading amendments to the Consumer Credit Act.
consumer credit grew for the sixth consecutive month in January, to $2.
Consumer credit serves as an important indicator as to where the economy is heading.
The European federation of consumer credit providers, Eurofinas, considers it "premature" and not a priority to carry out a market study on consumer credit, as announced by the European Commission in its Consumer markets scoreboard'.
will consolidate the operations of an affiliate and a subsidiary that offer consumer credit and loan services to counteract stiffer official controls over high-interest consumer lenders and sharper competition in the industry, sources familiar with the matter said Wednesday.
A Midlands lawyer has welcomed imminent new consumer credit legislation.
Bank executives expect consumer credit to grow five times faster than the overall economy, which is forecast to increase by 3.
Retail exposures include various types of consumer credit such as residential mortgages, consumer credit cards, and automobile and personal loans as well as some small business loans.
Consumers would be doing themselves a big favor by using that money to pay down credit card debt,'' said Lilia Mojica, national outreach director at Springboard, a nonprofit consumer credit counseling agency based in Riverside.
Financing the American Dream: A Cultural History of Consumer Credit.
Consumer credit delinquency in Hong Kong has soared to a record high level in the first half of this year and is unlikely to improve until late next year, Credit Information Services Ltd.

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