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

Any growth pick-up will also be amplified, Lancastle stresses, by positive knock-on effects in consumer confidence and, as a consequence of that, a new consumer credit cycle.

From MarketWatch • Feb. 16, 2026

The week ahead is relatively quiet for U.K. data, with focus on consumer credit and mortgage lending data for November due on Monday.

From The Wall Street Journal • Jan. 2, 2026

“We are seeing a divergence in consumer credit risk, with more individuals moving toward either end of the credit-risk spectrum,” says Jason Laky, TransUnion’s executive vice president and head of financial services.

From Barron's • Nov. 14, 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