What is another word for consumer credit?
Pronunciation: [kənsˈuːmə kɹˈɛdɪt] (IPA) 
Consumer credit, also known as personal credit, refers to borrowed money that is given to individuals to purchase goods or services. There are many words that are synonymous with consumer credit, including retail credit, personal financing, consumer loans and consumer lending. Other synonyms include unsecured lending, installment loans, credit cards and revolving credit. These terms all refer to the same type of borrowing, where lenders provide funds to individuals for their immediate use, with the expectation that the funds will be repaid over time with interest. While the terms may differ slightly in meaning or usage, they all refer to borrowing money for personal use.
