Credit Purchaser
From Open Risk Manual
Revision as of 20:19, 7 February 2022 by Wiki admin (talk | contribs) (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...")
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
