Consumer credit

RECENT NEWS
newratings.com  Aug 5  Comment 
WASHINGTON (dpa-AFX) - While the Federal Reserve released a report on Friday showing a continued increase in U.S. consumer credit in the month of June, the growth fell short of economist estimates. The Fed said consumer credit rose by $12.3...
Wall Street Journal  Jul 8  Comment 
The pace of U.S. consumer borrowing picked up in May as Americans took out more student and auto loans, a sign households are growing increasingly comfortable with more debt.
newratings.com  Jul 1  Comment 
WASHINGTON (dpa-AFX) - Consumer credit in the U.S. increased by more than anticipated in the month of May, according to a report released by the Federal Reserve on Friday. The report said consumer credit climbed by $18.6 billion in May after...
Wall Street Journal  Jun 7  Comment 
U.S. consumer borrowing slowed in April, as Americans became more cautious about running up credit-card debt.
Clusterstock  Jun 7  Comment 
Consumer credit balances in April rose by $13.4 billion at a 4.5% annualized rate according to the Federal Reserve's monthly report. Economists had estimated that credit balances rose by $18 billion, according to Bloomberg.  Outstanding...
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




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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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