LSDefine

Simple English definitions for legal terms

consumer-credit transaction

Read a random definition: brevia testata

A quick definition of consumer-credit transaction:

A consumer-credit transaction is when someone borrows money to buy things like clothes, electronics, or services. These types of transactions are usually regulated to make sure the person borrowing the money is protected.

A more thorough explanation:

CONSUMER-CREDIT TRANSACTION

A consumer-credit transaction is when a person borrows money to buy things like clothes, electronics, or services like getting a haircut. These transactions are usually regulated to protect the consumer.

Getting a loan to buy a new laptop
Using a credit card to pay for a vacation
Taking out a loan to pay for a wedding

These examples illustrate how a consumer-credit transaction works. In each case, the person is borrowing money to pay for something they want or need. They will then have to pay back the loan with interest over time. Regulations are in place to make sure that lenders don't take advantage of consumers by charging unfair interest rates or fees.

consumer-credit sale | consumer debt

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

KnowledgeableRitzyWasp

18:51

medicine is a scam

KnowledgeableRitzyWasp

18:51

join the ethically ambiguous legal field instead

Dkk

18:57

I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.

cheriebomb

19:04

https://whitney.org/collection/works/62454

cheriebomb

19:05

i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.

Dkk

19:18

Exactly. My version of that awful poem.

Dkk

19:19

I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.

windyMagician

19:20

president who respects sex is crazy

windyMagician

19:20

we had bill clinton already

Dkk

19:21

Bill Clinton, first and last black president

windyMagician

19:23

I want to go running but my leg feels weird

windyMagician

19:23

it doesn't hurt its just tingly

Dkk

19:26

It needs more alcohol. You tingle when your nerves need watering.

cheriebomb

19:27

try stretching it maybe to see what's up

windyMagician

19:27

stretches make me think it's just soreness

windyMagician

19:27

I'm sober lol

Dkk

19:38

Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.

llama

20:48

what.jpg @Dkk

CynicalOops

21:03

You think you just fell out of a coconut tree?

jackfrost11770

21:10

nope dk

llama

21:17

https://www.youtube.com/watch?v=z7_5nHIbsjo i love K Harris <3

CynicalOops

22:37

Calvinamala Harris

jackfrost11770

23:16

should i start using letterboxed again

Dkk

23:25

@jackfrost11770: if you want but like it aint for me

chickenburgahfart

23:39

dk do u ever eat at bk

Dkk

23:48

@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.

chickenburgahfart

23:51

bk so slept on

Dkk

0:23

I will take In N Out everyday over it when I can though.

texaslawhopefully

1:22

In N Out is not only the best fast food place, but the prices too are fantastic

Dkk

1:27

Indeed, indeed.

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