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CONSUMER LOAN

(noun)
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Definitions

There is 1 meaning of the phrase Consumer Loan.

Consumer Loan - as a 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

Synonyms (Exact Relations)
personal loan
Hypernyms (Closely Related)
loan
Hyponyms (Broadly Related)

Example Sentences

"The bank offers a consumer loan with low interest rates."
"She took out a consumer loan to buy a new car."
"Many people rely on consumer loans to fund their education."
"The credit union provides flexible repayment terms for consumer loans."
"His application for a consumer loan was approved within 24 hours."
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