What is the meaning of consumer loan?

noun

  • A loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). consumer loan. Retrieved September 21, 2026, from http://smartdefine.org/consumer_loan/definitions/1267276
ChicagoWordNet. 2010. "consumer loan" http://smartdefine.org/consumer_loan/definitions/1267276 (accessed September 21, 2026).
HarvardWordNet 2010, consumer loan, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/consumer_loan/definitions/1267276>.
MLAWordNet. "consumer loan" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/consumer_loan/definitions/1267276>