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Consumer credit

• Credit granted by a firm to consumers for the purchase of goods or services. Also called retail credit.

 
 

Follow this link for all the terms related to credit.

 
 Embedded terms in definition
 Credit
Firm
Purchase
Retail credit
Retail
 
 Related Terms
 

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Beware of small expenses; a small leak will sink a great ship. - Benjamin Franklin (1706-1790)

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