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

See Examples For:

consumer credit

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

There’s an alarm bell going off in the consumer credit business, but it isn’t necessarily the one you think.

From The Wall Street Journal ● Jun. 15, 2026

Economic data during the week include the BRC shop price index for April on Tuesday, followed by mortgage lending and consumer credit data for March and the final reading of April manufacturing PMI on Friday.

From The Wall Street Journal ● Apr. 24, 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

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