Consumption loan
Consumption bills are contracts that one party agrees to transfer ownership of money or other substitute to the other party, and the other party agrees to return the same, homogeneous, and same amount of goods. For example, it is like borrowing money or rice, and paying back money or rice later. The borrower is distinguished from a used car or lease in that the borrower does not return the borrowed item but returns it to the same kind, homogeneity, or equivalent amount. The legal nature of the consumption bills is that they are contracts for free, free, open and free, but the consumption of bills between the interest consumption bills and the merchants is a paid or bilateral contract. In the Republic of Korea, the Civil Code was not a contract, but a contract. The principle of borrowing and repaying the consumption loan without paying interest between neighbors and relatives is becoming more and more popular in recent years. Therefore, the state actively interferes with the economic weakness of the borrower so as not to be a victim of the tyranny of the lender.