Consumer Credit Expands, But At A Slower Pace

According to the Federal Reserve Board's G.19 Consumer Credit report, the total amount of consumer credit outstanding rose by 2.6 percent (SAAR) over the month of April 2017 to $3.82 trillion. Revolving credit, which is largely composed of credit card debt and represents $1.01 trillion, rose by 1.8 percent while non-revolving credit, which encompasses auto and student loans and totals $2.81... Read More ›...(read more)

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