Consumer credit increased at a seasonally adjusted annual rate of 3.3% in February, down from a 4.9% rate in January. Total outstanding credit increased $10.6 billion during the month (compared with $15.6 billion in January) to $3.87 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 0.2% to $1.03 trillion, compared to a ...

Consumer credit increased at a seasonally adjusted annual rate of 4.3% in January, down from a 6.0% rate in December. Total outstanding credit increased $13.9 billion during the month (compared with $19.2 billion in December) to $3.86 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 0.8% to $1.03 trillion, compared to a ...

In comments to the Consumer Financial Protection Bureau today, ABA and the Consumer Bankers Association urged the CFPB to provide more guidance to banks on acceptable communications about credit scores and how they are used.

Consumer credit increased at a seasonally adjusted annual rate of 5.8% in December, down from a 9.8% rate in November. Total outstanding credit increased $18.4 billion during the month (compared with $31.0 billion in November) to $3.84 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 6.0% to $1.03 trillion, compared to a ...

Consumer credit increased at a seasonally adjusted annual rate of 8.8% in November, up from a 6.5% rate in October. Total outstanding credit increased $27.9 billion during the month (compared with $20.6 billion in October) to $3.83 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 13.3% to $1.02 trillion, compared to a ...

The cost of credit in the credit card market has held steady since 2015, though interest rates have risen as market rates have increased, according to a new, 350-page study from the Consumer Financial Protection Bureau.

Consumer credit increased at a seasonally adjusted annual rate of 6.5% in October, up from a 6.1% rate in September. Total outstanding credit increased $20.5 billion during the month (compared with $19.2 billion in September) to $3.80 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 9.9% to $1.01 trillion, compared to a ...

Consumer credit increased at a seasonally adjusted annual rate of 6.6% in September, up from a 4.2% rate in August. Total outstanding credit increased $20.8 billion during the month (compared with $13.1 billion in August) to $3.79 trillion. September’s report was the largest increase since November 2016. Revolving credit, largely a reflection of credit card debt, grew at an annual ...

New credit card accounts totaled 91 million in the second quarter of 2017, according to the latest edition of the American Bankers Association’s Credit Card Market Monitor released today.

Consumer credit increased at a seasonally adjusted annual rate of 4.2% in August, down from a downwardly revised 5.7% rate in July. Total outstanding credit increased $13.1 billion during the month (compared with $17.7 billion in July) to $3.77 trillion. Revolving credit, largely a reflection of credit card debt, grew at an annual rate of 7.0% to $1.0 trillion, compared ...