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

Example Sentences

And consumer credit if we cap credit-card interest rates.

From The Wall Street Journal • Mar. 15, 2026

What is understood by most economists, however, is that a federal rate cap would function as a price control for the consumer credit markets.

From Barron's • Jan. 13, 2026

Slowing growth, market volatility and uncertainty among employers could potentially lead to worsening consumer credit performance, he said.

From MarketWatch • Nov. 11, 2025

Brookfield also acquired a majority stake in Angel Oak, an Atlanta-based asset manager operating as Angel Oak Capital Advisors and focused on residential mortgages and consumer credit.

From The Wall Street Journal • Nov. 7, 2025

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