credit mule
credit mule noun: 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.
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.
Forms of credit mule
| plural | credit mules |
|---|
Origin of credit mule
From credit + mule.
Questions about credit mule
- What does credit mule mean?
- Credit mule means 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.
- What part of speech is credit mule?
- Credit mule is a noun.
- What is the plural of credit mule?
- The plural of credit mule is credit mules.
Words near credit mule in the dictionary
Source and license
Adapted from Wiktionary: credit mule (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “credit mule.” Word.ws, https://word.ws/credit_mule. Based on Wiktionary, CC BY-SA 4.0.