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 includes loans for school and cars, advanced $13.3 billion after rising $14 billion.
If you are in debt and would like to speak to an attorney, call our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.