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

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Generally, shorter-term rates on consumer debt are closely pegged to the prime rate, which is typically 3 percentage points above the fed funds rate. — Jessica Dickler, CNBC, 29 July 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 Nationwide, 3% of consumer debt was delinquent in the first quarter, the highest since 2020’s first quarter. — Jonathan Lansner, Oc Register, 31 May 2026 Debt relief companies, credit counseling agencies and attorneys specializing in consumer debt may help retirees evaluate the alternatives before more aggressive collection actions occur. — Angelica Leicht, CBS News, 14 May 2026 See All Example Sentences for consumer debt

Rhymes for consumer debt

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Browse Nearby Words

consumer credit
consumer debt
consumer durables
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Cite this Entry

“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 5 Aug. 2026.

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Legal Definition

consumer debt

see also:
debt
Last Updated: - Updated example sentences
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