consumer credit
noun
Definition of consumer credit
: credit granted to an individual especially to finance the purchase of consumer goods or to defray personal expenses
Indulge Your Inner Word Nerd
First Known Use of consumer credit
1925
Law Dictionary
consumer credit
noun
Legal Definition of consumer credit
: 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
Learn More about consumer credit
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Britannica.com: Encyclopedia article about consumer credit
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