Consumer Credit Smashes Estimates As Credit Card Debt Hits New All-Time High
12 Articles
12 Articles
Consumer credit increases by $18.1B, driven by largest rise in non-revolving credit in 3 years
Credit card debt surges as Lexington, Louisville households carry $4.6B - The Lexington Times
Households in Lexington and Louisville carry an estimated $4.62 billion in combined credit card debt, with average balances slightly above or below the national average amid historically elevated interest rates.
The US Federal Reserve (Fed) released consumer credit data for July. According to the data, consumer credit increased by $18.1 billion in July compared to the previous month, reaching $5.19 trillion. Market expectations were for consumer...
Consumer credit in the U.S. increased by $18.1 billion in July, exceeding expectations.
NEW Consumer credit in the U.S. increased by $18.1 billion in July, exceeding expectations.
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