Consumer credit

This Oct. 8, 2019, photo shows a Chase Sapphire card in New York. On Friday, Dec. 6, The Federal Reserve releases its report on consumer borrowing for October. (AP Photo/Jenny Kane)
December 06, 2019 - 2:06 pm
WASHINGTON (AP) — Consumer borrowing rose in October by the largest amount in three months, reflecting a big rebound in the category that includes credit cards. The Federal Reserve said Friday that borrowing increased by a seasonally adjusted $18.9 billion in October, up from a September increase...
Read More
This Sunday, Aug. 11, 2019, photo shows credit cards in New Orleans. On Thursday, Nov. 7, the Federal Reserve releases its August report on consumer borrowing for September. (AP Photo/Jenny Kane)
November 07, 2019 - 4:08 pm
WASHINGTON (AP) — Consumer borrowing rose in September at a modest pace, driven by more student and auto loans, though a category that mostly includes credit cards fell for the second straight month. The Federal Reserve said Thursday that overall consumer borrowing increased 2.8% to $4.15 trillion...
Read More
FILE - This Aug. 11, 2019, photo shows a Chase Bank Slate credit card in New Orleans. On Monday, Oct. 7, the Federal Reserve releases its August report on consumer borrowing. (AP Photo/Jenny Kane, File)
October 07, 2019 - 2:07 pm
WASHINGTON (AP) — Consumer borrowing increased at a solid pace in August, helped by the biggest jump in auto and student loans in three years. The Federal Reserve says total credit rose $17.9 billion after a $23 billion increase in July. The August strength came from a $19.8 billion increase in the...
Read More
This Aug. 11, 2019, photo shows Visa logos on credit cards in New Orleans. On Monday, Sept. 9, the Federal Reserve releases its July report on consumer borrowing. (AP Photo/Jenny Kane)
September 09, 2019 - 2:43 pm
WASHINGTON (AP) — Consumer borrowing surged in July at its fastest pace since late 2017, driven by a big jump credit card use. Consumer borrowing increased by $23.3 billion in July after a $13.8 billion advance in June, the Federal Reserve reported Monday. It was the biggest monthly gain since a $...
Read More
FILE - This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Wednesday, Aug. 7, the Federal Reserve releases its June report on consumer borrowing. (AP Photo/Matt Rourke, File)
August 07, 2019 - 2:19 pm
WASHINGTON (AP) — Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards. Overall consumer borrowing increased by $14.6 billion in June after a $17.8 billion advance in May, the...
Read More
This photo Feb. 20, 2019, photo shows logos for credit cards in Zelienople, Pa. On Monday, July 8, the Federal Reserve releases its May report on consumer borrowing. (AP Photo/Keith Srakocic)
July 08, 2019 - 2:13 pm
WASHINGTON (AP) — U.S. consumers borrowed more on their credit cards in May and also took out more student and auto loans, a modest sign of economic health. The Federal Reserve says that consumer borrowing increased 5% that month, just below April's 5.2% rise. Total outstanding consumer debt, which...
Read More
This Wednesday, Feb. 20, 2019, photo shows logos for credit cards in Zelienople, Pa. On Thursday, March 7, the Federal Reserve releases its January report on consumer borrowing. (AP Photo/Keith Srakocic)
March 07, 2019 - 3:07 pm
WASHINGTON (AP) — Consumer borrowing rose at a slightly faster pace in January as borrowing on credit cards rebounded after a slowdown in December. Borrowing increased by $17.05 billion in January after a $15.36 billion December gain, the Federal Reserve reported Thursday. The increase reflected...
Read More
FILE- This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Friday, Dec. 7, the Federal Reserve releases its October report on consumer borrowing. (AP Photo/Matt Rourke, File)
December 07, 2018 - 2:38 pm
WASHINGTON (AP) — Americans boosted their borrowing by 7.73% in October from a year ago, the largest increase in nearly a year as consumer spending has helped fuel U.S. economic growth. The Federal Reserve said Friday that consumer borrowing rose by a seasonally adjusted $25.3 billion in October to...
Read More