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

Nevertheless, for households in the 21-nation euro area, another hike will still mean pricier mortgages, consumer credit and other loans.

From Barron's ● Sep. 10, 2026

Mortgages, consumer credit and other loans become more expensive, forcing consumers to limit spending and companies to rethink investment plans.

From Barron's ● Sep. 9, 2026

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

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