Consumer credit

RECENT NEWS
Mondo Visione  Aug 21  Comment 
The Financial Conduct Authority (FCA) has reached an agreement with debt purchasing and debt collection firms HFO Services Limited, Roxburghe (UK) Limited, HFO Capital Limited and their solicitor (“the Appellants”) to bring proceedings in the...
newratings.com  Aug 7  Comment 
WASHINGTON (dpa-AFX) - Reflecting increases in both revolving and non-revolving credit, the Federal Reserve released a report on Friday showing that U.S. consumer credit rose by more than expected in June. The report said consumer credit jumped...
MarketWatch  Aug 7  Comment 
Consumer credit grew at a seasonally adjusted annual rate of 7.3%, for a gain of $20.7 billion in June, the Federal Reserve said Friday. This is the third monthly gain above 7% in the past four months, a trend economists say is encouraging for the...
newratings.com  Jul 8  Comment 
WASHINGTON (dpa-AFX) - Consumer credit in the U.S. increased by less than expected in the month of May, according to a report released by the Federal Reserve on Wednesday. The report said consumer credit rose by $16.1 billion in May following...
newratings.com  Jun 5  Comment 
WASHINGTON (dpa-AFX) - Consumer credit in the U.S. showed another significant increase in the month of April, according to a report released by the Federal Reserve on Friday. The report said consumer credit surged up by $20.5 billion in April...
newratings.com  May 7  Comment 
WASHINGTON (dpa-AFX) - Partly reflecting a rebound in revolving credit, the Federal Reserve released a report on Thursday showing that U.S. consumer credit increased by more than expected in March. The report said consumer credit jumped by $20.5...
MarketWatch  Apr 7  Comment 
Consumer credit grew at a seasonally adjusted annual rate of 5.6%, for a gain of $15.5 billion in February, the Federal Reserve said Tuesday. This is the fastest pace of growth since October. In the month, all of the increase came from...
Mondo Visione  Mar 11  Comment 
12 months on Good morning everyone and my thanks to Money Advice Scotland for organising this morning’s event. It’s a pleasure to join you. The theme for today’s conference: ‘one year of the FCA regime, credit where credit is...
Insurance Journal  Mar 10  Comment 
Buying homes, getting jobs and borrowing money will be easier after an agreement by the three biggest U.S. consumer credit reporting services with New York. “This is huge,” Chi Chi Wu, an attorney at Boston-based National Consumer Law Center,...




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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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