Consumer

Consumer means a cardholder or natural person to whom consumer credit is offered or extended. However, for purposes of rescission under 226.15 and 226.23, the term also includes a natural person in whose principal dwelling a security interest is or will be retained or acquired, if that person's ownership interest in the dwelling is or will be subject to the security interest.

Source

12 CFR § 226.2


Scoping language

None
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