The following article is based on UK market; other countries may differ. Consumer credit risk (also retail credit risk) is the risk of loss due to a consumer's failure or inability to repay (default) on a consumer credit product, such as a mortgage, unsecured personal loan, credit card, overdraft etc.
The following article is based on UK market; other countries may differ. Consumer credit risk (also retail credit risk) is the risk of loss due to a consumer's failure or inability to repay (default) on a consumer credit product, such as a mortgage, unsecured personal loan, credit card, overdraft etc.
Source: Wikipedia "Consumer credit risk" · CC BY-SA 4.0
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