consumer loan

consumer loan consumer loan loan1

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consumer loan UK US noun [C]
FINANCE, BANKING a loan made by a bank, etc. to an individual person rather than to a business: »

Mortgages, credit cards, and consumer loans are pegged to bank prime rates.

»

Borrowers fell behind in their payments on a higher percentage of consumer loans in the first three months of the year.


Financial and business terms. 2012.

Look at other dictionaries:

  • consumer loan — >> loan. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …   Law dictionary

  • consumer loan — noun a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower s integrity and ability to pay • Syn: ↑personal loan • Hypernyms: ↑loan • Hyponyms: ↑automobile loan, ↑auto loan, ↑car loan …   Useful english dictionary

  • loan market — ➔ market1 * * * loan market UK US noun [C] ► FINANCE the market where financial organizations provide loans to borrowers and sometimes repackage them (= sell them on to investors): consumer/domestic/home loan market »The consumer loan market has… …   Financial and business terms

  • loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… …   Black's law dictionary

  • loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… …   Black's law dictionary

  • loan — money lent at interest.A lender makes a loan with the idea that it will be paid back as agreed and that interest will be paid for the use of the money. Glossary of Business Terms Temporary borrowing of a sum of money. If you borrow $1 million you …   Financial and business terms

  • consumer — /ksnsfyjuwmsr/ One who consumes. Individuals who purchase, use, maintain, and dispose of products and services. Users of the final product. A member of that broad class of people who are affected by pricing policies, financing practices, quality… …   Black's law dictionary

  • Consumer finance — in the most basic sense of the word refers to any kind of lending to consumers. However, in the United States financial services industry, the term consumer finance often refers to a particular type of business, sub prime branch lending (that is… …   Wikipedia

  • Consumer Credit Act 1974 — United Kingdom Parliament Long title An Act to establish for the protection of consumers a new system, administered by the Director General of Fair Trading, of licensing and other control of traders concerned with the provision of credit, or the …   Wikipedia

  • CONSUMER PROTECTION — is a new area of law; hence, the term does not appear in classical sources of Jewish law. The meaning of the concept is implied in the term itself: our generation is one of abundance, with great demands, numerous consumers, and extensive… …   Encyclopedia of Judaism

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