Consumer Credit Posts Small Gains in First Quarter

The Federal Reserve's latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through March 2020. In March, consumer credit decreased at a seasonally adjusted annual rate of 3.4% from the previous month, with revolving debt1 decreasing by 30.9% and nonrevolving debt2 increasing by 6.2 percent. Consumer credit totaled $4.2 trillion on a... Read More ›...(read more)

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