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credit mule. In DICTIOUS you will not only get to know all the dictionary meanings for the word
credit mule, but we will also tell you about its etymology, its characteristics and you will know how to say
credit mule in singular and plural. Everything you need to know about the word
credit mule you have here. The definition of the word
credit mule will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
credit mule, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Etymology
From credit + mule.
Noun
credit mule (plural credit mules)
- A victim of fraud persuaded to use their own name and information to obtain an expensive item with credit contract attached, such as a smartphone. The victim, or "mule", is paid on giving the item to the fraudster, and is assured the contract will be cancelled, but it is not. Thus, the victim acquires a debt while the fraudster can sell the item at a large profit.
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