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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Federal student loans, in particular, can come with repayment and relief options that aren't available with most consumer debt. — Angelica Leicht, CBS News, 7 Oct. 2026 Short-term debt such as credit cards, auto loans, and other consumer debt reprices quickly. — Harvey Stober, CNBC, 4 Oct. 2026 Retail spending has trended lower in recent months, and the weak July reading raised questions whether the mighty US consumer might finally be buckling under the weight of higher inflation, mounting consumer debt and persistent economic uncertainty. — Matt Stiles, CNN Money, 16 Sep. 2026 Maryland received a ‘D’ grade for its consumer debt collection laws, indicating that state statutes tend to favor collection agencies over workers. — Ascend Agency, Baltimore Sun, 9 June 2026 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 9 Oct. 2026.

Legal Definition

consumer debt

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