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%.
Government holiday closures will not change compliance timelines
President Trump’s recent executive order closing federal government agencies on Dec. 24 and 26 does not affect the timing requirements in regulations with requirements based on business days, such as Regulation Z (TRID and right of rescission), Regulation...











