Consumer credit

RECENT NEWS
Mondo Visione  Jan 17  Comment 
Mr Dharam Prakash Gopee has today, 17 January 2017, appeared at Westminster Magistrates Court charged with offences under the Consumer Credit Act 1974 and the Financial Services and Markets Act 2000.  These charges arise from an...
MarketWatch  Jan 9  Comment 
Consumer credit expanded at a seasonally adjusted annual rate of 7.9%, or $24.6 billion, in November, the Federal Reserve reported. Revolving credit like credit cards jumped 13.5% while nonrevolving credit such as car and student loans rose...
SeekingAlpha  Jan 9  Comment 
Reuters  Jan 4  Comment 
Reuters - British consumer borrowing picked up pace to grow at its fastest rate in more than 11 years in November, and the mortgage market retained solid momentum, Bank of England figures showed on Wednesday.
newratings.com  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...
guardian.co.uk  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...
newratings.com  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.




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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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