Difference between revisions of "Credit Purchaser"
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== Definition == | == Definition == | ||
− | '''Credit Purchaser''' means any natural or legal person, other than a | + | '''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 == | ||
+ | * [[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