Consumer credit

RECENT NEWS
Banking Business Review  Apr 2  Comment 
The Financial Conduct Authority (FCA) today formally took responsibility for regulating the £200 billion consumer credit market.
Mondo Visione  Apr 1  Comment 
The Financial Conduct Authority (FCA) today formally took responsibility for regulating the £200 billion consumer credit market. 50,000 businesses who offer some form of credit to the UK consumer will now be subject to the FCA’s consumer...
Banking Business Review  Mar 31  Comment 
TSYS, a global technology firm, has signed a long-term agreement to offer consumer credit processing services along with value-added capabilities for Virgin Money customers within the UK.
FX Street  Mar 18  Comment 
Following a sizeable downward revision to December data, January consumer credit grew less than... For more information, read our latest forex news and reports.
Mondo Visione  Mar 12  Comment 
Payday lenders and other high cost short term lenders will be the subject of an in-depth thematic review into the way they collect debts and manage borrowers in arrears and forbearance, the Financial Conduct Authority (FCA) announced...
Yahoo  Mar 7  Comment 
WASHINGTON (Reuters) - U.S. consumer credit grew in January but was held back by a contraction in credit card usage that could be a negative sign for the economy. Total consumer credit rose by $13.7 billion to $3.1 trillion, the Federal Reserve...
Clusterstock  Mar 7  Comment 
U.S. consumer credit expanded by only $13.7 billion in January to $3.11 trillion (up 5.3% from a year earlier) after rising a downwardly-revised $15.9 billion in December (up 6.2% from a year earlier), according to the latest data from the Federal...
StreetInsider.com  Mar 7  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Economic+Data/Jan.+Consumer+Credit+%2413.7B+vs+%2414B+Expected/9259774.html for the full story.
MarketWatch  Mar 7  Comment 
Consumer credit climbed at a seasonally adjusted annual rate of 5.3%, or $13.7 billion, in January, the Federal Reserve said Friday. That's slower than the downwardly revised 6.2% growth rate for December. Nonrevolving credit like auto and student...




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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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