Vocab Bloom Hub

consumer loan

/kənˈsjuːmər ləʊn/

1 entry

phrase

/kənˈsjuːmər ləʊn/B2formalbusiness
  • ruКредит, предоставленный физическому лицу для личных, семейных или бытовых нужд, таких как покупка автомобиля, финансирование образования или покрытие медицинских расходов, а не для деловых или инвестиционных целей.

A loan granted to an individual for personal, family, or household purposes, such as buying a car, financing education, or covering medical expenses, rather than for business or investment purposes.

  1. Personal borrowing for goodsB2formal

    A loan given to an individual to purchase goods or services for personal use, rather than for business or investment purposes.

    ruПотребительский кредит

    • She took out a consumer loan to buy a new car.
    • Consumer loans often have higher interest rates than mortgages.
    • Banks offer various types of consumer loans, including for education and travel.