Terms Used In Iowa Code 537.3501

• Administrator: means the administrator designated in section 537. See Iowa Code 537.1301
• Consumer: means the buyer, lessee, or debtor to whom credit is granted in a consumer credit transaction. See Iowa Code 537.1301
• consumer loan: is a loan in which all of the following are applicable:
   (1) The person is regularly engaged in the business of making loans. See Iowa Code 537.1301
• Credit: means the right granted by a person extending credit to a person to defer payment of debt, to incur debt and defer its payment, or to purchase property or services and defer payment therefor. See Iowa Code 537.1301
• Credit card: means a card or device issued under an arrangement pursuant to which a card issuer gives a cardholder the privilege of purchasing or leasing property or purchasing services, obtaining loans, or otherwise obtaining credit from the card issuer or other persons. See Iowa Code 537.1301
• Goods: includes , but is not limited to:
   (1) "Goods" as described in section 554. See Iowa Code 537.1301
• Lender: means a person who makes a loan or, except as otherwise provided in this chapter, a person who takes an assignment of a lender's right to payment, but use of the term does not in itself impose on an assignee any obligation of the lender. See Iowa Code 537.1301
• Sale: means any sale, offer for sale, or attempt to sell or lease any land, to the public in this state, for cash or on credit. See Iowa Code 543C.1
• Services: includes , but is not limited to:
   a. See Iowa Code 537.1301