Consumer Debt: Canada Debt .ca defines Consumer Debt

Bankruptcy Term Consumer Debt

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Canada Debt has the definition to the bankruptcy and debt term Consumer Debt. Finding answers to terms such as Consumer Debt can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Consumer Debt in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Consumer Debt' is used as follows:

Is consumer credit which is outstanding. It is debt which is used to fund consumption rather than investment.