### Question
What is the definition of consumer credit transaction?


### Answer
The definition of **consumer credit transaction** is as follows in *15 U.S.C. § 1679a*:

> any transaction in which credit is offered or extended to an individual for personal, family, or household purposes

#### Citation:
  - *15 U.S.C. § 1679a*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER II&ndash;A-CREDIT REPAIR ORGANIZATIONS**

