Consumer credit

RECENT NEWS  Aug 13  Comment 
FCA cautions against adverts for high-cost, short-term credit which don't display risk warning or representative APR Companies that offer consumer credit such as payday lenders, debt management firms and brokers must do more to make sure their...
Market Intelligence Center  Aug 12  Comment 
Fair Isaac Corporation (FICO), a leading personal credit score provider, is implementing a new credit analysis scoring model, which will give less weight to unpaid medical bills. The new system will improve the credit record of many borrowers, and...
SeekingAlpha  Aug 12  Comment 
By Joseph Y. Calhoun III: By Jeffrey P. Snider For now, it seems as if the attempt to recreate 2005 is being born by revolving credit. There was, until the middle of last year, the holdover hope for the then-burgeoning mini-bubble in real...  Aug 7  Comment 
WASHINGTON (dpa-AFX) - Despite another notable increase in non-revolving credit, the Federal Reserve released a report on Thursday showing that U.S. consumer credit increased by less than expected in the month of June. The Fed said consumer...
Clusterstock  Aug 7  Comment 
Consumer credit balances expanded by $17.25 billion in June. This is according to the Federal Reserve's new G.19 report of consumer credit balances. Economists estimated balances would increase by $18.65 billion. Revolving balances like credit...
Clusterstock  Jul 8  Comment 
Consumer credit balances increased by $19.6 billion in May. This is according to the Federal Reserve's monthly G.19 report. This compares to the $26.1 billion increase in April. Economists were expecting balances to increase by $19.6...  Jul 8  Comment 
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MarketWatch  Jul 8  Comment 
U.S. consumer credit growth remained strong in May but not at the fast pace seen in April, the Federal Reserve reported Tuesday. U.S. consumers increased their debt in May by a seasonally adjusted $19.6 billion, down from a revised $26.1 billion...
FX Street  Jun 11  Comment 
Good Day! . And a Wonderful Wednesday to you! I'm late, I'm late, to a very important date! Well,... For more information, read our latest forex news and reports.
FX Street  Jun 9  Comment 
Consumer credit saw the largest growth in over three years in April with a $26.8 billion expansion.... For more information, read our latest forex news and reports.


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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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