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.
Does the Credit Actually Perform? SoFi’s own numbers suggest consumer credit can: Q1 2025 filings show 90-day personal-loan delinquencies falling from 0.55% to 0.46% year-on-year. Zennon Kapron, Forbes.com, 5 Aug. 2025 Revolut is currently still awaiting its consumer credit license, which would enable it to offer credit cards and other services in the U.K. Ryan Browne, CNBC, 30 July 2025 For a limited time, now through Sep. 17, new Southwest Rapid Rewards Priority, Premier or Plus consumer credit cardmembers can earn 100,000 bonus points after spending $4,000 in the first five months from account opening. Ryley Amond, CNBC, 25 July 2025 As ever, competitive pressures continue to weigh on risk managers – with bookings, profitability and loss goals only growing despite an increasingly crowded market of financial institutions, fintechs and BNPL players vying to meet consumer credit needs. Gary Drenik, Forbes.com, 17 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

Browse Nearby Words

Cite this Entry

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