Consumer Credit Rose In July….But
thestatedtruth.com | September 8, 2011
But wait until you see why? Non-revolving debt, mostly comprised of educational loans along with loans for autos and mobile homes, rose by $15.4 billion in July, while revolving debt, which includes credit cards, fell by $3.4 billion. The rise in non-revolving loans was the most since November 2001. We’re going to totally bury (by educational loans) the future pole bearers of our […]
