Friday, April 6, 2012

February Consumer Credit April 6, 2012

February Consumer Credit: +$8.7B vs. +$12B expected and $17.8B prior. Non-revolving debt (student loans, car and personal loans) up $10.94B, while revolving debt (credit cards) fell $2.21B. The debt total for consumers marks the highest level since April 2009, although the rate of growth was the slowest since last October

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