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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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 For businesses based on consumer debt – think mortgages, car loans and credit cards – deportations would disrupt the financial sector by removing responsible borrowers who make consistent payments. Loren Collingwood, The Conversation, 18 Feb. 2025 The Trump administration’s efforts to dismantle the Consumer Financial Protection Bureau risk leaving Americans’ nearly $18 trillion in consumer debt with less supervision or regulation. J.j. McCorvey, NBC News, 10 Feb. 2025 See All Example Sentences for consumer debt

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Cite this Entry

“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 24 Mar. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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