Consumer borrowing

US consumer borrowing rises to record $2.75T

WASHINGTON (AP) — Americans swiped their credit cards more often in October and borrowed more to attend school and buy cars. The increases drove U.S. consumer debt to an all-time high.


More student loans boost consumer credit $11.4B

WASHINGTON (AP) – Americans took out more student and auto loans in September to boost consumer borrowing to a record level. But they cut back on credit card borrowing, a sign many remain cautious about […]



Get every new post delivered to your Inbox.

Join 28,185 other followers