Revolving Debt Increases Significantly in Latest Consumer Credit Report


The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through July 2019. In July, consumer credit increased at a seasonally adjusted annual rate of 7 percent, the largest monthly percentage gain in its category in a year. Consumer credit totaled $4.1 trillion on a seasonally adjusted basis, with $1.1… Read More ›

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