Consumer credit definition

Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes, as set forth in Section 226.2(a)(12) of Regulation Z, 12 C.F.R. § 226.2(a)(12), as amended.

Consumer credit means credit of- fered or extended to a consumer pri- marily for personal, family, or house- hold purposes.

Examples of Consumer credit in a sentence

• USDOL/WHD also enforces the Migrant and Seasonal Agricultural Worker Protection Act, the Employee Polygraph Protection Act, the Family and Medical Leave Act, wage garnishment provisions of the Consumer Credit Protection Act, and a number of employment standards and worker protections as provided in several immigration related statutes.

• Unless and until this Agreement is terminated in respect of any Order in accordance with this S.2 clause 10 and subject to the Consumer Credit Act (‘CCA’) or any other relevant consumer protection legislation (‘consumer’ as defined by the CCA and those applicable legislation), it shall automatically renew on expiry of the Minimum Commitment for a further period of equal duration and shall continue to renew for subsequent equal periods until so terminated (each such period a “Renewal Term”).

• The Office of Consumer Credit Commissioner (OCCC) is a state agency, and it enforces certain laws that apply to this contract.

More Definitions of Consumer credit

Consumer credit means credit ex- tended to a natural person primarily for personal, family, or household pur- poses.

Consumer credit means credit extended to a natural person primarily for personal, family, or household purposes.

Consumer credit means credit offered or extended to a

Consumer credit means closed-end credit offered or extended to a covered borrower primarily for personal, family or household purposes, as described in paragraph (b)(1) of this section.

Consumer credit is defined in 12 C.F.R §202.2(h).

Consumer credit means any credit extended by a creditor to a consumer for the sale or lease of any consumer product or service under which part or all of the price or payment therefor is payable at some future time, whether in full or in installments.

Consumer credit means credit ex- tended to a natural person for personal, family, or household purposes. It in- cludes consumer loans; educational loans; unsecured loans for real prop- erty alteration, repair or improvement, or for the equipping of real property; overdraft loans; and credit cards. It also includes loans secured by liens on real estate and chattel liens secured by mobile homes and leases of personal property to consumers that may be considered the functional equivalent of loans on personal security but only if you rely substantially upon other fac- tors, such as the general credit stand- ing of the borrower, guaranties, or se- curity other than the real estate or mobile home, as the primary security for the loan.