Credit Purchaser
From Open Risk Manual
Revision as of 17:11, 3 June 2022 by Wiki admin (talk | contribs)
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
