View synonyms for consumer credit

consumer credit

noun

credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods.

First recorded in 1925–30

Tax breaks to selected manufacturers like automakers, and dollops of consumer credit, have jammed the malls and snarled traffic.

Consumer credit, on the other hand, rose for the eighth straight quarter, this time at an annual rate of 4.5 percent.

Consumer credit fell steeply in 2009 and has been barely flat through 2010.

First, to continue the power to control consumer credit and enlarge the power to control bank credit.

April 19, 2024tortuous

[tawr-choo-uhs ]

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