pre-existing business relationship
(1) Pre-existing business relationship The term “pre-existing business relationship” means a relationship between a person, or a person’s licensed agent, and a consumer, based on— (A) a financial contract between a person and a consumer which is in force; (B) the purchase, rental, or lease by the consumer of that person’s goods or services, or a financial transaction (including holding an active account or a policy in force or having another continuing relationship) between the consumer and that person during the 18-month period immediately preceding the date on which the consumer is sent a solicitation covered by this section; (C) an inquiry or application by the consumer regarding a product or service offered by that person, during the 3-month period immediately preceding the date on which the consumer is sent a solicitation covered by this section; or (D) any other pre-existing customer relationship defined in the regulations implementing this section.