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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
The 2024 election could also influence the fate of the proposal as well as similar consumer credit protections.
—Nerdwallet, The Mercury News, 13 June 2024
The consumer credit reporting agency defined Gen Z as respondents born between 1995 and 2006.
—Rocio Fabbro, Quartz, 12 June 2024
Walmart has ended its agreement with Capital One Financial, which had been the exclusive issuer of the retailer's consumer credit cards.
—Mike Snider, USA TODAY, 24 May 2024
Krista Phillips is the EVP, head of consumer credit cards and consumer lending marketing at Wells Fargo.
—Eva Roytburg, Fortune, 10 June 2024
See all Example Sentences for consumer credit
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'consumer credit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1925, in the meaning defined above
Dictionary Entries Near consumer credit
Cite this Entry
“Consumer credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20credit. Accessed 4 Jul. 2024.
Legal Definition
consumer credit
noun
: credit extended by merchants or banks to finance the purchase of consumer goods (as home appliances) or services (as travel or hotel accommodations) compare consumer debt at debt
More from Merriam-Webster on consumer credit
Britannica.com: Encyclopedia article about consumer credit
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