consumer loan n 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 Synonym(s) personal loan
News & Articles consumer loan Banks Balk at Proposed New 'Payday' Loan Rules Large banks are pushing back against regulators' plans to toughen rules on short-term, high-interest consumer loans, the Wall Street Journal reports. June 17, 2013 - Los Angeles Business Journal