Consumer credit

RECENT NEWS
FX Street  Feb 8  Comment 
Consumer credit fell $1.7B in December, wrapping up 2009 with a total plunge of $102.3B, the... For more information, read our latest forex news and reports.
Gold Stocks Today  Feb 6  Comment 
Market Ticker - Karl Denninger View original article February 06, 2010 07:59 AM Bloomberg said: [INDENT] Feb. 5 (Bloomberg) -- U.S. stocks rose, rebounding from the biggest losses since March, as investors speculated the European Union may...
BusinessWeek  Feb 5  Comment 
U.S. stocks rose, rebounding from the biggest losses since March, as investors speculated the European Union may come up with a solution for budget deficits in Greece and Spain and consumer credit dropped less than forecast.
CNNMoney.com  Feb 5  Comment 
Consumer credit declined in December for the 11th straight month, but the pace slowed considerably, according to a government report released Friday.
BusinessWeek  Feb 5  Comment 
Consumer credit in the U.S. declined in December for an 11th straight month, signaling a lack of job growth and limited bank lending are discouraging borrowing.
StreetInsider.com  Feb 5  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Economic+Data/US+December+Consumer+Credit+Falls+%241.7B/5313898.html for the full story.
FX Street  Jan 13  Comment 
Consumer credit plunged $17.5B in November, another record drop and a much bigger decline than expected. The drop was largely driven by the revolving component, which dropped by a staggering $13.7B. Credit Outstanding Fell off a Cliff The record...
Hard Assets Investor  Jan 11  Comment 
Real-time Monetary Inflation (last 12 months): 2.5% A friend of mine made a big deal over the weekend of the latest consumer credit numbers. In case you missed the headlines, the Federal Reserve reported that borrowing took a header in November,...
Stock Market Analysis, Trading, And Financial Commentary - Rebel Traders  Jan 9  Comment 
Not since the 1940’s has there been a larger contraction in consumer credit. (US) Nov Consumer Credit: -$17.5B v -$5Be (10th straight decline) - prior revised from -$3.5B to -$4.2B - Annual growth rate -8.5% v -4.2% prior (revised...
In the Know:A Financial Blog by Michael E. Brisky  Jan 8  Comment 
Interesting headline out today showing this massive drop in consumer credit during November.  Here's the story (via Bloomberg): Consumer credit in the U.S. dropped a record $17.5 billion in November as unemployment close to a 26- year high...



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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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