How to Use consumer credit in a Sentence

consumer credit

noun
Definition of consumer creditnext
  • Click here for more on the Bank of England’s warnings on consumer credit.
    — Stephen Morris, Bloomberg.com, 25 Oct. 2017
  • Tax refunds, Smoke said, play a key role in consumer credit, too.
    — Susan Tompor, Detroit Free Press, 5 Apr. 2023
  • Some of the latest consumer credit data show that credit card spending and debt levels are once again on the rise.
    — Alicia Wallace, CNN, 11 Jan. 2022
  • There are some pockets where the delinquency rates have started to move up in consumer credit cards and in auto loans.
    — Nicole Goodkind, CNN, 26 Feb. 2024
  • All other Visa consumer credit cards get one month of free membership, then three months at 50% off.
    — William Thornton | Wthornton@al.com, al, 20 Sep. 2021
  • The July increase brought consumer credit to a total of $3.75 trillion.
    — Washington Post, 8 Sep. 2017
  • Some states prohibit the use of consumer credit scores in the rate-setting formula.
    — Paul Gores, Milwaukee Journal Sentinel, 2 Mar. 2018
  • Many forms of consumer credit are costly and risky for borrowers.
    — Christian Weller, Forbes, 28 Dec. 2021
  • About 60% of Citigroup’s consumer credit cards in Asia are now paid via Ant’s Alipay, according to the bank.
    — Washington Post, 27 May 2019
  • While spending on Chase consumer credit cards rose 30%, customers aren’t racking up balances at the same rate.
    — David Benoit, WSJ, 13 Oct. 2021
  • One outcome of the pandemic that has surprised some is the sharp reduction in consumer credit card debt.
    — BostonGlobe.com, 27 June 2021
  • TransUnion is one of the three major credit bureaus, which keep track of and provide consumer credit reports.
    — Sarah Skidmore Sell, The Seattle Times, 3 Feb. 2018
  • Pawning was the leading form of consumer credit in the United States until the 1950s, and pawn shops are still helping everyday people make ends meet.
    — Josie Howell | , al, 15 Mar. 2023
  • The consumer credit-scoring system has long been opaque and confusing.
    — Annamaria Andriotis, WSJ, 1 Dec. 2022
  • To be clear, most economists consider China’s consumer credit splurge to be a good thing.
    — Keith Bradsher and Ailin Tang, New York Times, 25 Sep. 2017
  • The consumer credit rules in the new law take effect 120 days after the law was enacted, so most likely sometime in September.
    — Ann Carrns, New York Times, 1 June 2018
  • That’s why the best credit repair service options give you a copy of your consumer credit file rights upon signing up for their services.
    — Dallas News, 15 July 2022
  • One of the biggest debates in the market today is over what exactly is going to happen with consumer credit.
    — Telis Demos, WSJ, 16 Aug. 2023
  • The issue of fraud has been highlighted recently in the news with the major breach at Equifax — in which 145.5 million consumer credit files were compromised.
    — Courant Community, 11 Dec. 2017
  • In May, Musk then blamed the turbulence in the banking sector and the resulting withdrawal of consumer credit as a distinct threat to his car business.
    — Christiaan Hetzner, Fortune, 20 July 2023
  • The companies say these moves will wipe out nearly 70% of the medical debt listed on consumer credit reports.
    — Tom Murphy, Anchorage Daily News, 30 June 2022
  • While Equifax has said that the consumer credit reports weren’t involved in the breach, the pieces of information that were stolen are enough in many cases for swindlers to open accounts in other people’s names.
    — Annamaria Andriotis, WSJ, 10 Sep. 2017
  • The March-May period marked the first time in a decade that overall consumer credit declined for three months in a row, according to Oxford Economics.
    — Matt Egan, CNN, 9 July 2020
  • British regulators are grappling with a surge in consumer credit, led by motor finance, which can pose risks to banks and the economy.
    — Stefania Spezzati, Bloomberg.com, 15 Mar. 2018
  • Equifax said some consumer credit scores were changed because of a computer error that has since been rectified.
    — Shubham Singhal, Fortune, 2 Aug. 2022
  • Home mortgage debt increased 6.6%, while non-mortgage consumer credit jumped by 7.0% — a slower pace for both compared to the second quarter.
    — Nicole Goodkind, CNN, 12 Dec. 2022
  • And since Treasury yields serve as a benchmark for business and consumer credit, the price of corporate debt, mortgages and auto loans would then rise, putting the brakes on US economic growth.
    — Julia Horowitz, CNN, 7 Aug. 2019
  • In February, Equifax became the first major credit bureau to record buy now, pay later loans on consumer credit files.
    — Bill Hardekopf, Forbes, 21 Apr. 2022
  • Still, that commission offers us a useful rubric on how to study complex questions about consumer credit.
    — Andrew Stuttaford, National Review, 18 Dec. 2020
  • That should come as no surprise as prices have risen just as people’s savings have been depleted, leaving many with high-cost consumer credit as their only option.
    — Vikas Raj, Forbes, 29 Feb. 2024

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'consumer credit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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