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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People spend most of their money on services — such as housing, insurance, interest on consumer debt and health care — rather than goods. Chris Isidore, CNN Money, 11 Dec. 2025 Payday lending and consumer debt collection. Charlotte Observer, 11 Dec. 2025 Wescom Financial is partnering with ForgiveCo to erase $10 million in consumer debt for residents impacted by the 2025 Los Angeles wildfires. Julie Sharp, CBS News, 17 Nov. 2025 American Express, the grizzled veteran of consumer debt, was hosting its premium cardholders inside the hallowed grounds, seating them in the fourth row of Centre Court and serving them high tea in a beige suite adorned with hanging petunias. Alyson Krueger, Air Mail, 25 Oct. 2025 See All Example Sentences for consumer debt

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Cite this Entry

“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 18 Dec. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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