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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
However, multiple mortgage applications don’t necessarily hit your credit report as separate inquiries, said Margaret Poe, head of consumer credit education for TransUnion, one of the three major credit bureaus. Sarah O'Brien, CNBC, 21 Dec. 2025 In Alaska and Michigan, legislators are nonetheless advancing bills to keep medical debt off consumer credit reports. Rae Ellen Bichell, USA Today, 19 Dec. 2025 In a recent analysis, the consumer credit reporting agency found that student loan delinquencies among rental applicants doubled in early 2025, with the share of those 90 or more days past due climbing from 15 percent in January to 32 percent in May. Hugh Cameron, MSNBC Newsweek, 7 Dec. 2025 Medical debt under $500 no longer appears on consumer credit reports, and many providers choose not to pursue credit reporting for slightly higher small-dollar balances, but these types of policies can also evolve. Angelica Leicht, CBS News, 1 Dec. 2025 See All Example Sentences for consumer credit

Word History

First Known Use

1925, in the meaning defined above

Time Traveler
The first known use of consumer credit was in 1925

Browse Nearby Words

Cite this Entry

“Consumer credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20credit. Accessed 3 Jan. 2026.

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

Last Updated: - Updated example sentences
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