consumer credit
noun
: credit granted to an individual especially to finance the purchase of consumer goods or to defray personal expenses
Examples of consumer credit in a Sentence
Recent Examples on the Web
Synchrony continues to focus on expanding its digital and mobile capabilities, with 57% of consumer credit card applications processed through digital channels in 2024.
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Quartz Intelligence Newsroom, Quartz, 7 Feb. 2025
But these debts are one of the fastest-growing sources of consumer credit outside of mortgage lending.
—Jessica Dickler, CNBC, 24 Jan. 2025
Statistics show that there has been a significant increase in the level of outstanding consumer credit card balances.
—Elliot Raphaelson, Orlando Sentinel, 9 Jan. 2025
The success of this approach challenges conventional wisdom about consumer credit pricing.
—Boaz Sobrado, Forbes, 22 Dec. 2024
See All Example Sentences for consumer credit
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Quartz Intelligence Newsroom, Quartz, 7 Feb. 2025
But these debts are one of the fastest-growing sources of consumer credit outside of mortgage lending.
—Jessica Dickler, CNBC, 24 Jan. 2025
Statistics show that there has been a significant increase in the level of outstanding consumer credit card balances.
—Elliot Raphaelson, Orlando Sentinel, 9 Jan. 2025
The success of this approach challenges conventional wisdom about consumer credit pricing.
—Boaz Sobrado, Forbes, 22 Dec. 2024
See All Example Sentences for consumer credit
Cite this Entry
“Consumer credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20credit. Accessed 27 Feb. 2025.
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