Consumer Credit

Consumer Credit
Any loan or extension of credit to an individual for personal, family or household use not involving real estate.

Consumer Credit - The general term for loans extended to individuals usually on an unsecured basis and providing for monthly repayment. Installment loans and personal loans are also referred to as consumer credit (unless the loan is used for business purposes or to purchase commercial property).

Consumer Credit - Economic indicator that measures the level of outstanding consumer installment debt. Can be used in conjunction with retail sales to determine whether cash or credit is fueling growth. Frequency: monthly. Source: Federal Reserve

Consumer Credit- Credit extended to persons for purchasing consumer goods and services.

Consumer Credit - A trade association for insurers of Credit Insurance in the areas of Life and Health.
a line of credit extended for personal or household use