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

Signet plans to enter a $125 million accelerated share repurchase program and renewed its consumer credit agreement with Bread Financial.

From The Wall Street Journal ● Sep. 9, 2026

The higher outlook reflects strong operating performance so far this year, as well as additional share buybacks, refunds from tariffs and a new consumer credit agreement, Chief Operating and Financial Officer Joan Hilson said.

From The Wall Street Journal ● 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

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