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

The economics calendar includes weekly jobless claims and the latest readings on the trade deficit and productivity, with consumer credit data set for release at 3 p.m.

From MarketWatch • Jan. 8, 2026

Banks have tightened consumer credit standards for three years.

From Barron's • Nov. 11, 2025

Girouard said he has seen “no material deterioration in consumer credit strength” — and better yet, “recent signs of improvement.”

From MarketWatch • Nov. 4, 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