Interest Rates on Consumer Credit Increase by the End of 2018

The latest data from the Federal Reserve Board's G.19 Consumer Credit report show that all non-mortgage consumer credit, i.e., excluding loans secured by real estate, increased 5.0% in December, with revolving and nonrevolving credit increasing 2.0% and 6.0%, respectively. The current outstanding levels of debt, on a seasonally adjusted basis, are $1.04 trillion for revolving debt and $2.97 trillion for... Read More ›...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://bit.ly/2GvEmk5
via IFTTT