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Legal Terms - debtor-creditor-supplier agreement
A *credit agreement with a consumer that is governed by the Consumer Credit Act of 1974. 1. a *restricted-use credit arrangement to fund a transaction (such as the purchase of goods on credit) between the debtor and the creditor, which may or may not be included in that agreement;
An unrestricted-use credit agreement made by the creditor under pre-existing arrangements between himself and a supplier with the knowledge that the credit is to be used to finance a transaction between the debtor and the supplier; 2. a restricted-use credit agreement made by the creditor and involving arrangements between himself and the supplier
A *credit agreement with a consumer that is governed by the Consumer Credit Act of 1974. 1. a *restricted-use credit arrangement to fund a transaction (such as the purchase of goods on credit) between the debtor and the creditor, which may or may not be included in that agreement;
An unrestricted-use credit agreement made by the creditor under pre-existing arrangements between himself and a supplier with the knowledge that the credit is to be used to finance a transaction between the debtor and the supplier; 2. a restricted-use credit agreement made by the creditor and involving arrangements between himself and the supplier
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