Section 3. Definitions.
The following words and phrases when used in this act shall have the meanings given to them in this section unless the context clearly indicates otherwise:
"Consumer." Any individual who borrows, buys, leases or obtains credit, money, services or property under a consumer contract.
"Consumer contract" or "contract." A written agreement between a consumer and a party acting in the usual course of business, made primarily for personal, family or household purposes in which a consumer does any of the following:
(1) Borrows money.
(2) Buys, leases or rents personal property, real property or services for cash or on credit.
(3) Obtains credit.