U.S. Consumer Credit Rises 3.8% Annualized In February

| April 7, 2011

Here is the secret sauce…..revolving credit, or credit cards, actually fell during this period, down 4%.  But non- revolving credit, which includes student, auto, and other loans, increased by 7.7%. Interesting to note that January’s numbers were revised down which had the effect of making these February numbers look even better.   U.S. consumer credit surged […]

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