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

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Together, among other things, the group hopes to cancel all consumer debt by encrypting all the data of one of the biggest corporations in the world, and Allsafe's largest client — E Corp (or, as Elliot refers to it, Evil Corp). Lauren Huff, EW.com, 4 July 2025 Constantly drowning under an insurmountable pile of consumer debt is stressful and costly. David Rae, Forbes.com, 9 June 2025 Medical debt is the most common type of consumer debt Americans face, affecting about 14 million people, who collectively owe at least $220 billion. Chrissy Suttles, Axios, 10 Feb. 2025 Building brand equity and trust with Gen Z customers will matter as these younger borrowers are forecast to account for one third of all consumer debt by 2040. Stephen Diorio, Forbes, 4 Oct. 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 16 Jul. 2025.

Legal Definition

consumer debt

see debt

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