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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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 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 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 13 Mar. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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