Consumer credit

RECENT NEWS  Dec 7  Comment 
WASHINGTON (dpa-AFX) - A report released by the Federal Reserve on Wednesday showed U.S. consumer credit increased by less than expected in the month of October. The report said consumer credit increased by $16.0 billion in October after climbing...  Nov 24  Comment 
Personal loans and overdrafts fuelled increase in consumer borrowing in October, data from lenders reveals Borrowing on credit cards and loans grew at its fastest rate in almost a decade in October, according to figures from Britain’s high...  Nov 7  Comment 
WASHINGTON (dpa-AFX) - Consumer credit in the U.S. increased by a little more than expected in the month of September, according to a report released by the Federal Reserve on Monday. The Fed said consumer credit climbed by $19.3 billion in...
Wall Street Journal  Nov 7  Comment 
MarketWatch  Oct 7  Comment 
Consumer credit surges 8.5% in August
Forbes  Oct 3  Comment 
Current consumer credit card trends shed light on why the Fed has its hands tied when it comes to rising interest rates.
Benzinga  Sep 29  Comment 
GBP/USD is trading at 1.3015, down 0.0020. The pair is trading rangebound. The Bank of England (BOE) reported that Consumer Credit in the UK rose by 1.57 billion Sterling during August after an upwardly revised 1.19 billion Sterling rise in...
BBC News  Sep 26  Comment 
The number of people taking out mortgages fell to its lowest level for 19 months in August, according to the UK's main banks.
Wall Street Journal  Sep 8  Comment 
Outstanding consumer credit, a measure of nonmortgage debt, rose by a seasonally adjusted $17.71 billion in July from the prior month, the Federal Reserve said, topping expectations for a $16 billion increase.
MarketWatch  Sep 8  Comment  Aug 5  Comment 
WASHINGTON (dpa-AFX) - While the Federal Reserve released a report on Friday showing a continued increase in U.S. consumer credit in the month of June, the growth fell short of economist estimates. The Fed said consumer credit rose by $12.3...


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Consumer credit is credit extended specifically for personal or household use.

Consumer credit is credit referring specifically to credit extended for personal or household use by individual consumers and their families. This differs from, say, business or bank credit, which is used by corporations or banks.

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