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 bureau marshaled on, with recent work including capping bank overdraft fees and removing medical debt from consumer credit reports.
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Matt Sedensky, Los Angeles Times, 18 Feb. 2025
Overall, consumer credit utilization dropped one full percentage point to 51.6%, the second-lowest rate in 2024.
—Stephanie Dhue,sharon Epperson, CNBC, 27 Jan. 2025
Removing medical debt from credit reports On Jan. 7, the Consumer Financial Protection Bureau finalized a rule that will remove around $49 billion in medical bills from consumer credit reports, improving the credit score of more than 15 million Americans.
—Chad De Guzman, TIME, 14 Jan. 2025
Earlier this week, the Consumer Financial Protection Bureau — a federal financial watchdog agency — finalized a rule to remove at least $49 billion in unpaid medical bills from consumer credit reports.
—Adam S. Minsky, Forbes, 10 Jan. 2025
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Matt Sedensky, Los Angeles Times, 18 Feb. 2025
Overall, consumer credit utilization dropped one full percentage point to 51.6%, the second-lowest rate in 2024.
—Stephanie Dhue,sharon Epperson, CNBC, 27 Jan. 2025
Removing medical debt from credit reports On Jan. 7, the Consumer Financial Protection Bureau finalized a rule that will remove around $49 billion in medical bills from consumer credit reports, improving the credit score of more than 15 million Americans.
—Chad De Guzman, TIME, 14 Jan. 2025
Earlier this week, the Consumer Financial Protection Bureau — a federal financial watchdog agency — finalized a rule to remove at least $49 billion in unpaid medical bills from consumer credit reports.
—Adam S. Minsky, Forbes, 10 Jan. 2025
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 13 Mar. 2025.
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