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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.
Medical debt under $500 no longer appears on consumer credit reports, and many providers choose not to pursue credit reporting for slightly higher small-dollar balances, but these types of policies can also evolve. Angelica Leicht, CBS News, 1 Dec. 2025 When politicians on both left and right floated a 10 percent cap (first on credit cards, now flirted with for other consumer credit), libertarian and market conservatives called it a surefire way to debank riskier households. Newsweek Staff, MSNBC Newsweek, 18 Nov. 2025 Consumer debt is at an all-time high, delinquencies are rising in other types of consumer credit and the job market appears to be weakening — all of which could contribute to cracks in the housing market. Diana Olick, CNBC, 13 Nov. 2025 Credit card companies use a variety of methods to detect fraud, which is the most common type of identity theft and is on the rise, according to Experian, one of the major consumer credit information services. IEEE Spectrum, 5 Nov. 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 6 Dec. 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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