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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According to the New York Times, American borrowers now owe more for their education than for any form of consumer debt other than mortgages. Nia Bowers, USA Today, 17 May 2025 Economic impact Student loans account for just 9% of all outstanding consumer debt, according to Bank of America. Alex Harring, CNBC, 16 May 2025 The ratio of disposable income that consumers spend on servicing consumer debt is still below pre-pandemic levels thanks to a period of low interest rates and strong income growth from sources outside of wages, such as corporate dividends, interest payments and Social Security. Dryden Pence, Forbes.com, 5 May 2025 Economic Strength - Equitas Capital Advisors, LLC show consumer debt, unemployment, and other measures are normalizing from historic lows after all the government stimulus spending in the wake of COVID. David Thomas, Forbes, 16 Oct. 2024 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 4 Jun. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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