Consumer credit

RECENT NEWS
Clusterstock  Sep 8  Comment 
By Michael Flaherty WASHINGTON (Reuters) - U.S. consumer credit soared in July, posting its biggest jump since November 2001, driven in part by demand for auto loans and student borrowings. Total consumer credit increased $26.01 billion to...
Clusterstock  Sep 8  Comment 
247WallSt  Sep 8  Comment 
Consumer borrowing picked up in July. The total outstanding consumer credit, excluding real estate secured loans, increased to $3.238 trillion at a seasonally adjusted annual rate of 9.7% in July from the previous month according to the Federal...
StreetInsider.com  Sep 8  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Economic+Data/July+Consumer+Credit+%2426+Billion+vs+%2417.35+Billion+Expected/9814205.html for the full story.
guardian.co.uk  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...
newratings.com  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...
StreetInsider.com  Jul 8  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Economic+Data/May+Consumer+Credit+%2419.6B+vs+%2420B+Expected/9645746.html for the full story.




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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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