consumer credit

Definition of "consumer credit"
  1. The ability provided to an individual to borrow money for purchasing consumer goods or services, which can take forms like credit cards, installment agreements, and other various loans
How to use "consumer credit" in a sentence
  1. Her consumer credit was excellent, allowing her to buy the expensive kitchen set through installment.
  2. He enhanced his consumer credit by paying his dues on time.
  3. The electronics store offered a line of consumer credit, enabling customers to buy products on EMI.

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