credit broker

credit broker
A credit broker introduces customers to someone who will offer credit or hire and requires a licence under the Consumer Credit Act 1974 where the amount of credit or hire payments do not exceed ₤15,000.

Easyform Glossary of Law Terms. — UK law terms.

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  • credit — I (New American Roget s College Thesaurus) I n. faith, belief; credibility, trust; credit, borrowing power. v. t. believe, trust; credit. See accounting. II Borrowing power Nouns 1. credit, trust, score, tally, account, tab; loan (see debt);… …   English dictionary for students

  • credit balance — The surplus in a cash account with a broker after purchases have been paid for, plus the extra cash from the sale of securities. Bloomberg Financial Dictionary * * * credit balance credit balance ➔ balance1 * * * credit balance UK US noun [C] …   Financial and business terms