Meaning Of The Word Consumer credit

Real Dictionary

What's the definition of Consumer credit? Find Consumer credit meanings, definitions and more at the Real Dictionary online.

Consumer credit Meaning

Consumer credit Definition
Consumer credit Definition

What's The Definition Of Consumer credit?

consumer credit
uncountable noun: Consumer credit is money that is lent to people by organizations such as banks, building societies, and shops so that they can buy things.

consumer credit in American English
credit extended for buying goods and services for one's personal use through installment plans, charge accounts, short-term loans, etc.
noun: credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods

consumer credit in British English
noun: the largely unsecured credit extended to consumers for the purchase of goods and services

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