consumer loan
noun[C]
ukusFINANCE,BANKING
aloanmade by abank, etc. to anindividualpersonratherthan to abusiness:
Mortgages,creditcards, andconsumerloansarepeggedtobankprimerates.
Borrowersfellbehind intheirpaymentson ahigherpercentageofconsumerloansin the first threemonthsof theyear.