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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
But raising that rate has a much wider impact on all kinds of consumer debt — from auto loans to mortgages to credit cards — not to mention the effects on the stock and bond markets. Jim Cramer, CNBC, 4 Feb. 2025 While some debt, like a mortgage, can be strategic, high-interest consumer debt, such as credit cards, drains your resources and limits your ability to save and invest. Melissa Houston, Forbes, 28 Nov. 2024 Rising tariffs and the threat of tariffs may drive up prices, housing affordability will remain out of reach for many, and ever-higher consumer debt will threaten household balance sheets. Vikas Raj, Forbes, 16 Jan. 2025 However, the report also reflected low debt delinquencies at only 3.5% of total consumer debt. Jason Schenker, Forbes, 16 Jan. 2025 See all Example Sentences for consumer debt 

Dictionary Entries Near consumer debt

Cite this Entry

“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 19 Feb. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!