Other Free Encyclopedias » Law Library - American Law and Legal Information » Free Legal Encyclopedia: Constituency to Cosigner

Consumer Credit - Originator And Holder, Vendor And Lender, Licensing Creditors, Credit Reports, Credit Discrimination, Further Readings

repaid classified purchase installment

Short-term loans made to enable people to purchase goods or services primarily for personal, family, or household purposes.

Consumer credit transactions can be classified into several different classes.

Installment credit involves credit that is repaid by the borrower in several periodic payments; loans repaid in one lump sum are classified as noninstallment credit. Installment credit has expanded in popularity, with an increasing number of consumers buying goods on credit in order to spread repayment of the purchase price and the interest owed on the principal borrowed over an extended time.

Consumer Credit Protection Act [next]

User Comments

Your email address will be altered so spam harvesting bots can't read it easily.
Hide my email completely instead?

Cancel or

Vote down Vote up

4 months ago

Good-day, I'm Josef Lewis. A reputable, legitimate & accredited lender. We give out loan of all kinds in a very fast and easy way, Personal Loan, Car Loan, Home Loan, Student Loan, Business Loan, Inventor loan, Debt Consolidation. etc

Get approved for a business or personal loans today and get funds within same week of application. These personal loans can be approved regardless of your credit and there are lots of happy customers to back up this claim. But you won’t only get the personal loan you need; you will get the cheapest one. This is our promise: We guarantee The lowest rate for all loans with free collateral benefits.

We strive to leave a positive lasting impression by exceeding the expectations of my customers in everything I do. Our goal is to treat you with dignity and respect while providing the highest quality service in a timely manner. No social security Number required and no credit check required, 100% Guaranteed. Kindly respond immediately using the details below if interested in a loan and be free of scams..

Email: progresiveloan@yahoo.com
Call/Text +1(603) 786-7565 thanks