consumer loan

1. 1.

   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

   Synonymspersonal loan

   Broaderloan

   Narrowerautomobile loan

Questions about consumer loan

What does consumer loan mean?

consumer loan means "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".

What is another word for consumer loan?

Close synonyms include personal loan. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is consumer loan a common word?

consumer loan is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.