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.
FlyHouse became the first aviation company to acquire a bank and now plans to launch a consumer credit card later this year that will earn rewards. Evie Carrick, Travel + Leisure, 18 Sep. 2025 Affirm, which went public in 2021 as AFRM, has traded through sharp cycles tied to consumer credit. Pam Kaur, Forbes.com, 18 Sep. 2025 Consumers are feeling more financially anxious—and at a moment where consumer credit card debt has hit an all-time high, some young consumers are turning their back on credit cards in favor of buy-now-pay-later (BNPL) services like Afterpay and Klarna. Meghan Hall, Sourcing Journal, 12 Sep. 2025 Two years ago, the Consumer Federation of America issued a 25-page report showing the impact of car insurance rates when consumer credit information for good drivers who have decent or bad credit scores are factored in by insurers. Jeremy Gorner, Chicago Tribune, 30 July 2025 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 30 Sep. 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

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