What Is Consumer Credit?

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Although any type of personal loan could be labeled consumer credit, the term is usually used to describe unsecured debt that is taken on to buy everyday goods and services. 

Original Article Source Credits: Investopedia, https://www.investopedia.com/

Article Written By  Julia Kagan

Original Article Posted on : April 6, 2021

Link to Original Article: https://www.investopedia.com/terms/c/consumercredit.asp

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