Tag Archives: consumer credit

Consumer Credit Growth Retreats in January

Consumer credit increased at a seasonally adjusted annual rate of 2.8% in January, down from a 4.7% rate in December. Total outstanding credit increased $8.8 billion during the month (compared with $14.8 billion in December) to $3.77 trillion. Revolving credit fell at an annual rate of 4.6% to $995.1 billion, compared to a 4.3% increase in December. Non-revolving credit rose ...

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Consumer Credit Growth Slowed in December

Consumer credit increased at a seasonally adjusted annual rate of 4.5% in December, down from an 8.1% rate in November. Total outstanding credit increased $14.2 billion during the month (compared with $25.2 billion in November) to $3.76 trillion. Revolving credit rose at an annual rate of 2.9% to $995.5 billion, compared to a large 14.4% increase in November. Non-revolving credit ...

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CFPB Releases Debt Collection Survey

The Consumer Financial Protection Bureau today released a report on consumer experiences with debt collection, relying upon surveys of consumers regarding their experiences with both first-party and third-party debt collectors.

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Consumer Credit Surged in November

Consumer credit increased at a seasonally adjusted annual rate of 7.9% in November, up from a 5.2% rate in October. Total outstanding credit increased $24.6 billion during the month (compared with $14.1 billion in October) to $3.75 trillion. Revolving credit rose at an annual rate of 13.5% to $992.4 billion, compared to a 2.4% increase in October. Non-revolving credit rose ...

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Consumer Credit Grew 5.2% in October

Consumer credit increased at a seasonally adjusted annual rate of 5.2% in October, down from a 7.1% rate in September. Total outstanding credit increased $16.0 billion during the month (compared with $21.8 billion in September) to $3.73 trillion. Revolving credit rose at an annual rate of 2.9% to $981.3 billion, compared to a 5.0% increase in September. Non-revolving credit rose ...

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