consumer credit

American  

noun

1. credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods.

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Etymology

Origin of consumer credit

First recorded in 1925–30

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Example Sentences

See Examples For:

consumer credit

Tuesday will also see the release of Bank of England data on mortgage lending and consumer credit for August.

From The Wall Street Journal ● Sep. 25, 2026

Treasury yields, which underpin the rates on new mortgages, auto loans and several other forms of consumer credit, have climbed appreciably since early 2022.

From MarketWatch ● Sep. 16, 2026

Mortgages, consumer credit and other loans become more expensive, forcing consumers to limit spending and companies to rethink investment plans.

From Barron's ● Sep. 9, 2026

Much of it is driven by mortgage debt, which analysts argue helps increase net worth, while the rest is consumer credit and other loans.

From BBC ● Jun. 27, 2026

Stage One was to apply a formula that had been dreamed up to cope with corporate credit risk to consumer credit risk.

From "The Big Short" by Michael Lewis

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