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

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

“We are seeing a divergence in consumer credit risk, with more individuals moving toward either end of the credit-risk spectrum,” says Jason Laky, TransUnion’s executive vice president and head of financial services.

From Barron's • Nov. 14, 2025

Brookfield also acquired a majority stake in Angel Oak, an Atlanta-based asset manager operating as Angel Oak Capital Advisors and focused on residential mortgages and consumer credit.

From The Wall Street Journal • Nov. 7, 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