Definition of consumer credit Consumer credit
We found 2 definitions of consumer credit from 2 different sources.
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What does consumer credit mean?
WordNet
Noun |
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| consumer credit - a line of credit extended for personal or household use | ||
| bank line, line of credit, personal credit line, personal line of credit, credit line, line the maximum credit that a customer is allowed | ||
| 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 | ||
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Wiktionary 
- consumer credit (Noun)
Credit extended to an individual for the purchase of consumer goods and services.
