Section 103(i) of the Truth in Lending Act ( 15 U.S.C. 1602(i) ) is amended— (1) by striking The adjective consumer , used with reference to a credit transaction, characterizes the transaction as one in which the party to whom credit is offered or extended is and inserting Consumer .— (1) In general Except as provided in paragraph (2), the term consumer , when used as an adjective to describe or modify a credit transaction or credit plan, means a transaction or credit plan under which credit is offered or extended to