CM-7.3.1
Consumer finance is the provision of any form of credit facility to an individual excluding:
(a) any credit facility secured by a first charge on residential property to an individual, where the counterparty lives in, or intends to live in the property;
(b) any credit facility secured by cash or investments, where the security provided more than covers the principal of the credit facility; and
(c) the provision of any form of credit to an individual for business purposes where the facility is to be repaid from the business activities of the counterparty.