 BankCreditNews | Consumer Credit in U.S. Rises on Surge in Non-Revolving Debt Bloomberg Consumer borrowing in the U.S. rose in December for a fifth straight month as non-revolving credit surged by the most in 11 years. The $14.6 billion gain followed a revised $15.9 billion advance in November, the Federal Reserve said today in Washington. Student, Auto Loans Surge, as Credit-Card Debt Shrinks Consumer credit increases $14.6 bln in December Consumer Credit Rises Amid Uptick in Loans for Big-Ticket Items Like Cars and ... |
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