consumer credit sale

A sale in which the seller extends credit to the consumer.

• A consumer-credit sale includes a lease in which the lessee’s rental payments equal or exceed the retail value of the item rented. [Cases: Consumer Credit 3. C.J.S. Interest and Usury; Consumer Credit§§ 280–293, 306.]

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词条贡献者

译员Clara，毕业于国内知名法学院，擅长翻译有关建筑领域的法律文件。