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

These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

New regulatory control through Consumer Duty is making transactions safer for all parties, increasing confidence on all sides and reducing the risk of unpayable consumer debt. —

Paul Marcantonio, Forbes, 30 Oct. 2024 While 2023 saw a decline in popularity as BNPL received bad press over consumer debt, 2024 appears to be playing host to something of a resurgence. —

Paul Marcantonio, Forbes, 30 Oct. 2024 The International Monetary Fund (IMF) found that unpaid consumer debt affects everyone through rising costs, inflated interest rates, and economic uncertainty. —

Kyle J. Russell, USA TODAY, 16 Oct. 2024 The big picture: Medical debt is the most common type of consumer debt Americans face, affecting about 14 million people who collectively owe at least $220 billion. —

Tina Reed, Axios, 18 Sep. 2024 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 Nov. 2024.

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