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Consumer Debt
(redirected from Borrowing, Consumer)

   Also found in: Wikipedia 0.01 sec.
Consumer Debt
The debt individuals use to purchase consumer goods. In macroeconomics, consumer debt is used for individual purchase rather than investment. A common example of consumer debt is the balance on a credit card.


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Along with better rates for secured borrowing, consumers also have the opportunity to borrower more money.
Affordability remains good, which means that despite renewed mortgage borrowing, consumers are taking a responsible attitude.
Affordability remains good, which means that despite renewed mortgage borrowing, consumers are taking a responsible attitude.
 
 
 
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