Daily Archives: October 25, 2019

U.S. Consumer Debt Surges on Jump in Credit-Card Balances

Posted on October 25, 2019 by Camron Hoorfar

In July 2019, U.S. consumer borrowing hit the highest increase since late 2017. Total credit rose by $23.3 billion from the prior month. Revolving debt increased by $10 billion, the highest since November 2017. The growth of non-revolving debt, which … Continue reading →

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