Difference between revisions of "Credit Purchaser"

From Open Risk Manual
(Created page with "== Definition == '''Credit Purchaser''' means any natural or legal person, other than a credit institution, that purchases a creditor’s rights under a non-performing credit...")
 
 
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== Definition ==
 
== Definition ==
'''Credit Purchaser''' means any natural or legal person, other than a credit institution, that purchases a creditor’s rights under a non-performing credit agreement, or the non-performing credit agreement itself, in the course of its trade, business or profession, in accordance with applicable Union and national law
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'''Credit Purchaser''' means any natural or legal person, other than a [[Credit Institution]], that purchases a creditor’s rights under a non-performing [[Credit Agreement]], or the non-performing credit agreement itself, in the course of its trade, business or profession, in accordance with applicable European Union and national law
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== See Also ==
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* [[NPL Directive]]
  
 
[[Category:NPL Directive]]
 
[[Category:NPL Directive]]

Latest revision as of 16:11, 3 June 2022

Definition

Credit Purchaser means any natural or legal person, other than a Credit Institution, that purchases a creditor’s rights under a non-performing Credit Agreement, or the non-performing credit agreement itself, in the course of its trade, business or profession, in accordance with applicable European Union and national law

See Also