Other purpose of use
Loans granted for e.g. business activity (production purposes), arrangement of debts and other similar purposes.
A credit granted to a farmer for the purchase of seed grain or a tractor is not consumption credit but comes under the category of other purpose of use, but a credit granted to a farmer for the purchase of a passenger car is classified as consumption credit.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)