retail revolving credit

    a regulated credit agreement which is a borrower-lender-supplier agreement for running-account credit to finance the acquisition of goods or goods and services from:

      1. (1) the lender; or
      1. (2) from a supplier that is in a limited network of suppliers under a direct commercial agreement with the lender,

    and where the credit cannot be used for any other purpose, including an agreement for a store card but excluding an agreement for a credit card.

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