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Definitions of consumer credit
Definition that contains consumer credit
  • credit bureau a private firm that maintains consumer credit data files and provides credit information to authorized users for a fee
  • open-end credit a consumer credit line that can be used up to a certain limit or paid down at any time
  • charge account credit a consumer credit line that can be used up to a certain limit or paid down at any time
  • personal loan 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
  • consumer loan 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
  • revolving credit a consumer credit line that can be used up to a certain limit or paid down at any time
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