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

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

“It’s two different markets,” said Henry Song, portfolio manager at Diamond Hill, of consumer credit.

From MarketWatch • Jun. 5, 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

Any growth pick-up will also be amplified, Lancastle stresses, by positive knock-on effects in consumer confidence and, as a consequence of that, a new consumer credit cycle.

From MarketWatch • Feb. 16, 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