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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Cons High APRs: Credit cards usually have higher APRs than other types of unsecured consumer debt. Jason Stauffer, CNBC, 31 Dec. 2024 However, the report also reflected low debt delinquencies at only 3.5% of total consumer debt. Jason Schenker, Forbes, 23 Dec. 2024 The fed funds rate sets what banks charge each other for overnight lending but also influences a variety of consumer debt such as auto loans, credit cards and mortgages. Jeff Cox, CNBC, 18 Dec. 2024 In the United States, where consumer debt has reached over $17 trillion, consumers meeting their financial obligations is critical for maintaining economic stability. Kyle J. Russell, USA TODAY, 16 Oct. 2024 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 Jan. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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