Which of the following examples does NOT relate to consumer credit?

Immediate cash payments do not relate to consumer credit because they involve the direct exchange of cash for goods or services at the point of sale. In consumer credit scenarios, there is typically some form of borrowing involved where a consumer acquires goods or services now but agrees to pay for them over time.

For example, lay-away plans, credit cards, and cash loans all represent forms of consumer credit, as they allow consumers to obtain goods or services before full payment is made, often with the expectation of repayment over a specified period, sometimes including interest or fees. In contrast, making an immediate cash payment implies that the consumer has the necessary funds to complete the transaction at that moment, negating the need for any credit arrangement or deferred payment plan.