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Home Economy

Consumer credit increased 0.1% in August

October 7, 2025
Reading Time: 1 min read
Consumer credit increased in March

Consumer credit increased at a seasonally adjusted annual rate of 0.1% in August, the Federal Reserve reported. Nonrevolving debt — the category that includes auto loans and student loans — increased at an annual rate of 2%, while revolving debt, which includes credit cards, decreased at an annual rate of 5.5%.

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