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Definition of consumer credit noun from the Oxford Advanced Learner's Dictionary

consumer credit

noun
 
/kənˌsjuːmə ˈkredɪt/
 
/kənˌsuːmər ˈkredɪt/
[uncountable]
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  1. money that is lent to individual customers to buy goods and services, rather than to businesses
    • Credit unions have an important role in providing low-cost, community-controlled consumer credit.
influence
verb
 
 
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