CONSUMER LOAN
(noun)
There is 1 meaning of the phrase
Consumer Loan.
Definitions
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)
Hypernyms (Closely Related)
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."