Web DebtSmart.com
DebtSmart.com
Saturday, May 27, 2023   
 

Credit Card and Debt Statistics Database
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.
Printable format
FREE subscription to DebtSmart® Email Newsletter and FREE software too!

Slower Increase in Consumer Credit

Consumer credit increased at an annual rate of 5 percent in May, down from a 10.5 percent rate in April, according to the Federal Reserve. Both revolving and nonrevolving credit increased at a slower rate, compared to the previous month. Commercial banks held 34 percent of total consumer credit, 31 percent of revolving credit and 37 percent of non-revolving consumer credit.
        Categories:  Debt,Consumer Credit
        Reporting Pub:  Aba.com
        Reporting Date:  7/1/2001
        Article Title:  Briefing on the Economy, Credit, and Interest Rates from the Economic Advisory Committee of the American Bankers Association July 2001
        Article Author:  Bank Economist Outlook
        Pub's Source:  Federal Reserve Board
        Source URL:  View details from source
 

Select based on Year

Select based on Category

Select based on Title

--End--

 

Subscribe FREE and start finding new ways to save money and pay off your debt.

"The DebtSmart Email Newsletter is packed with cutting-edge strategies for solving credit problems. I highly recommend it."--Gerri Detweiler, radio host and author of The Ultimate Credit Handbook




DEBTSMART MEDIA MENTIONS
NBC 10 News:
Money King Secrets
<Photos and Video>
CN8:
Art Fennell Reports
<Photos and Video>
CNN: CNN Newsroom
<Photos and Video>
CNN: American Morning
<Photos and Video>
ABC: Action News
<Photos and Video>
CNN/fn: Your Money
<Photos and Video>
<See all Television Interviews>

Subscribe to the DebtSmart® RSS Feed
     
   Add to Google