Consumer credit

RECENT NEWS
newratings.com  May 6  Comment 
WASHINGTON (dpa-AFX) - Partly reflecting a notable increase in non-revolving credit, the Federal Reserve released a report on Friday showing a sharp jump in U.S. consumer credit in the month of March. The Fed said consumer credit surged up by...
Wall Street Journal  May 6  Comment 
Borrowing by U.S. consumers ballooned in March at the fastest pace in more than a decade, as credit-card debt expanded particularly quickly.
Financial Times  Apr 12  Comment 
More than 1,400 have left industry since new regulation in 2014
MarketWatch  Apr 7  Comment 
U.S. consumer credit climbs 5.8%
MarketWatch  Apr 7  Comment 
Consumer credit expanded at a solid 5.8% pace in February, the Federal Reserve said.
newratings.com  Apr 5  Comment 
WASHINGTON (dpa-AFX) - Consumer credit in the U.S. increased by more than expected in the month of February, according to a report released by the Federal Reserve on Thursday. The Fed said consumer credit jumped by $17.2 billion in February after...
BBC News  Feb 29  Comment 
Consumers borrowed a further £1.6bn in January, the second-highest level for more than a decade, the Bank of England said.
Mondo Visione  Feb 18  Comment 
The review will consider whether particular CCA provisions remain appropriate or should be modified, updated, or replaced by FCA rules or guidance in order to maintain the right degree of consumer protection for today’s market. Christopher...




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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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