________________is defined as every aspect of an applicant's dealing with a creditor, beginning with information gathering and continuing through to the servicing and collection of the loan.
________________is defined as every aspect of an applicant's dealing with a creditor, beginning with information gathering and continuing through to the servicing and collection of the loan.
A credit transaction is defined as every aspect of an applicant's dealings with a creditor, beginning with information gathering and continuing through to the servicing and collection of the loan. This encompasses the entire process from start to finish.
Credit transaction