consumer credit

noun

: credit granted to an individual especially to finance the purchase of consumer goods or to defray personal expenses

Examples of consumer credit in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
My calculations apply the ratio of non-revolving consumer credit to total consumer credit from the Federal Reserve’s release G.19 – Consumer Credit to the amount of other consumer credit in the Financial Accounts. Christian Weller, Forbes.com, 17 June 2025 Most problems: Companies exposed to consumer credit and discretionary spending. Stephanie Landsman, CNBC, 29 Apr. 2025 Recent spending data have been positive, while consumer credit data show that consumers and households are in relatively good shape. Jason Schenker, Forbes, 16 Jan. 2025 The Consumer Credit Precedent The consumer credit industry provides an instructive template. Boaz Sobrado, Forbes, 30 Nov. 2024 See All Example Sentences for consumer credit

Word History

First Known Use

1925, in the meaning defined above

Time Traveler
The first known use of consumer credit was in 1925

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Cite this Entry

“Consumer credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20credit. Accessed 18 Jul. 2025.

Legal Definition

consumer credit

noun
: credit extended by merchants or banks to finance the purchase of consumer goods (as home appliances) or services (as travel or hotel accommodations) compare consumer debt at debt

More from Merriam-Webster on consumer credit

Last Updated: - Updated example sentences
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