consumer debt

noun

: a debt from buying something at a store
Most of his debts are consumer debts.

Examples of consumer debt in a Sentence

Recent Examples on the Web
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Beyond consumer debt, a record 3.6% of 401(k) participants with Vanguard Group withdrew funds early in 2023. Einat Steklov, Forbes.com, 16 Apr. 2025 Industry estimates show that most people (59% to 75%) who start a debt management plan are able to finish it and pay off all their consumer debt. Sacramento Bee, 26 Feb. 2025 By targeting households burdened with consumer debt, Experian aims to give recipients a fresh start while promoting financial literacy. Faisal Kutty, Newsweek, 12 Mar. 2025 As a result, the share of overall consumer debt in delinquency is now at its highest level in nearly five years, according to data published by the Federal Reserve Bank of New York. Rob Wile, NBC News, 22 Feb. 2025 See All Example Sentences for consumer debt

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“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 1 May. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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