credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods.
Have you ever noticed “FICO” by your credit score? What it meansWhen was the last time you ordered a credit report? The paper document is abstruse enough, but you have to maneuver through the morass of oddly-named companies that produce them — Equifax, Experian, TransUnion and more. The process is abstract, but the results are concrete. There’s some new, and bad, news about those infamous numbers. More than a quarter of Americans now have scores of 599 or lower. …
IKEA EffectRead more in this article about some frequently asked questions and fun facts related to our definitions.
- consumer advocate,
- consumer durable,
- consumer goods,
- consumer packaged goods,
- consumer price index,
- consumer product safety commission
Origin of consumer credit
First recorded in 1925–30
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019