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

Her articles focus on how people navigate the complexities of student loans, modern consumer culture and consumer credit.

From The Wall Street Journal • Apr. 25, 2026

Durable-goods orders are coming at 8:30 a.m., the Federal Reserve Bank of New York’s survey of one-year inflation expectations is scheduled for 11 a.m. and consumer credit is due at 3 p.m.

From MarketWatch • Apr. 7, 2026

Data on consumer credit and mortgage lending for January are released on Monday, as well as the latest Nationwide house price index for February.

From The Wall Street Journal • Feb. 27, 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