consumer debt

noun

: a debt from buying something at a store
Most of his debts are consumer debts.

Examples of consumer debt in a Sentence

Recent Examples on the Web
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Retail spending has trended lower in recent months, and the weak July reading raised questions whether the mighty US consumer might finally be buckling under the weight of higher inflation, mounting consumer debt and persistent economic uncertainty. Matt Stiles, CNN Money, 16 Sep. 2026 Credit card APRs could reach record highs Generally, shorter-term rates on consumer debt are closely pegged to the prime rate, which is typically 3 percentage points above the fed funds rate. Jessica Dickler, CNBC, 14 Sep. 2026 Maryland received a ‘D’ grade for its consumer debt collection laws, indicating that state statutes tend to favor collection agencies over workers. Ascend Agency, Baltimore Sun, 9 June 2026 Nationwide, 3% of consumer debt was delinquent in the first quarter, the highest since 2020’s first quarter. Jonathan Lansner, Oc Register, 31 May 2026 See All Example Sentences for consumer debt

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“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 23 Sep. 2026.

Legal Definition

consumer debt

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