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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Automation and globalization eroded demand for their skills, and many took on mortgages, consumer debt, and even student loans to support their families. Teresa Ghilarducci, Forbes.com, 9 June 2025 This is thanks to the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA), both of which address the consumer debt that military members and their families may carry. Ryley Amond, CNBC, 27 May 2025 Contributor 2025 has brought significant turmoil to global markets, and consumer debt and financial stress are on the rise. Jason Phillips, USA Today, 17 May 2025 According to the New York Times, American borrowers now owe more for their education than for any form of consumer debt other than mortgages. Nia Bowers, USA Today, 17 May 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 19 Jun. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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