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Examples of consumer debt in a Sentence
Recent Examples on the Web
Eliminate High-Interest Debt: Debt, especially high-interest consumer debt, can erode your wealth.
—Melissa Houston, Forbes, 4 Nov. 2024
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
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“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 23 Dec. 2024.
Legal Definition
consumer debt
see debt
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