Oxford Dictionary English consumer credit nounnoun BrE BrE//kənˌsjuːmə ˈkredɪt// ; NAmE NAmE//kənˌsuːmər ˈkredɪt// [uncountable] Add to my wordlistjump to other resultsmoney that is lent to individual customers to buy goods and services, rather than to businesses Credit unions have an important role in providing low-cost, community-controlled consumer credit.Check pronunciation: consumer credit oxfordlearnersdictionaries.com