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
- 45 Address of immovable property 46 In case of loan, purpose: Consumer credit
- 44 Type of goods or services concerned 45 Address of immovable property 46 In case of loan, purpose: Consumer credit
- It refers to the BSI “loans” and in particular to “loans” to households for which the purpose of the loan should be identified (broken down into consumer credit, lending for house purchases and other lending (residual)).
- ‘credit agreement’ means an agreement whereby a creditor grants or promises to grant to a consumer credit in the form of a deferred payment, loan or other similar financial accommodation, except for agreements for the provision on a continuing basis of services or for the supply of goods of the same kind, where the consumer pays for such services or goods for the duration of their provision by means of instalments;