consumer credit transaction

consumer-credit transaction. A transaction by which a person receives a loan for buying consumer goods or services. • Consumer-credit transactions are usu. subject to regulations enacted for the consumer’s protection. [Cases: Consumer Credit 1,

3. C.J.S. Interest and Usury; Consumer Credit§§ 274, 280–293, 306.]

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词条贡献者

译者Carl，知名法学院保险学专业，擅长翻译各种与保险理赔追索相关的法律文件。