Consumer loan definition

Consumer loan means a loan to one or more individuals for household, fam- ily, or other personal expenditures. A consumer loan does not include a home mortgage, small business, or small farm loan. Consumer loans include the following categories of loans:

Consumer loan means the same as defined in section 537.1301.

Consumer loan means a loan made by a financial institution in which:

Examples of Consumer loan in a sentence

• Consumer loan categories include residential real estate, home equity, installment and credit card.

• The parties do not contest personal jurisdiction or venue, and there are allegations sufficient to support both.

• Consumer loan" means a loan made to a consumer by a supervised lender for personal, family or household purposes, if the debt is payable in installments or a finance charge is made, including a loan made pursuant to a lender credit card.

• Under the terms and conditions of the Company’s revolving credit line agreements, the Company may, but is not committed to, lend funds to Consumer loan and Business Timely loan customers.

• To understand whether banks react in an intuitive manner, the next four columns show regressions with Corporate real estate loan growth, Residential real estate loan growth, Commercial and industrial loan growth, and with Consumer loan growth.

More Definitions of Consumer loan

Consumer loan means a loan made by a person regularly engaged in the business of making loans in which:

Consumer loan means a loan made by a lender to a cus- tomer which is payable in installments or for which a finance charge is or may be imposed, and includes transactions pursuant to an open−end credit plan other than a seller credit card.

Consumer loan means a loan made to a consumer by a supervised lender for personal, family or household purposes, if the debt is payable in installments or a finance charge is made, including a loan made pursuant to a lender credit card.

Consumer loan means a loan as defined in section 537.1301.

Consumer loan means any extension of credit, including credit cards and other forms of revolving credit, to a natural person primarily for the purposes of purchasing consumer goods or services or for paying existing personal, family, or household debts;

Consumer loan means a loan made by a person regularly

Consumer loan means a loan of money or its equivalent made by a lender, the proceeds of which are used by the consumer to purchase or refinance the purchase of a motor vehicle, or which proceeds are used for personal, family, or household purposes, including debts created by the use of a lender credit card, revolving loan account, or similar arrangement, as well as insurance premium financing, with the lender acquiring a purchase money security interest in the purchased motor vehicle. A consumer loan may be secured by other collateral in addition to the purchased vehicle. The provisions of this Paragraph shall not apply to a consumer loan made pursuant to the Louisiana Deferred Presentment and Small Loan Act, R.S. 9:3578.1 et seq.