The definition of the applause credit is defined as follows in section 1: “… the right starting point is to identify the nature of the transactions in the subpoint(a). They`re two guys. The first relates to the provision of goods or services at the consumer`s request and either the postponement of the obligation to pay the price or the periodic tally of a portion of the amount. The second is the payment by the lender of sums to the consumer or to a third party, at the request of the consumer, when the obligation to repay is deferred or is billed regularly for a portion of the amount. The first describes well the position with store cards or accounts, and the second the position with credit cards. In the case of a memory card, the customer can purchase goods up to a fixed limit, payment is deferred at the end of the month and the customer is billed monthly. The right to use the card may be subject to a tax and, if the full balance is not paid, the monthly interest is deducted from the deficit. The client decides how much they must pay each month, subject to payment of a fixed minimum amount, e.g.

B 10% of the amount owed. In the case of a credit card, the position is similar, except that the card provider pays money to people from whom the cardholder buys goods or purchases services and can also pay cash to the cardholder. The refund is deferred and the monthly payment results in the collection of interest if the total amount is not paid, since the customer can do so on the condition of a minimum payment. In some cases, a fee is levied for the right to use the card. This is all part of the agreement that the card is issued. Goods or services that are promoted or delivered to the state, in other words, if the state is the consumer; Transactions related to employment contracts; Agreements on the effect of collective agreements; Agreements on the entry into force of collective agreements in accordance with Article 23 of the Constitution and the Industrial Relations Act; and when the legislation was originally introduced, there was some confusion with the risk of overlap in the definition of credit facilities and ancillary credit contracts.