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Consumer Debt

   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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9781576603253 Collateral damaged; the marketing of consumer debt to America.
Pay Off All Consumer Debts Consumer debt is a borrowing used to buy something (like a car, or groceries) as opposed to a borrowing used to invest or start a business.
Although perceptions of unfairness have long followed them, it took just one lawsuit to knock two leading arbitration associations out of the consumer debt resolution game.
 
 
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