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Post by bot on Nov 6, 2015 17:07:57 GMT -5
Consumer credit jumps 10% in September
WASHINGTON (MarketWatch) -- Consumer credit jumped 10% in September, or by a seasonally adjusted annual rate of $28.9 billion, the Federal Reserve reported Friday. That's the biggest monthly rise since April 2014. Nonrevolving credit, like auto and car loans, jumped 10.5%, and revolving credit, like credit cards, grew 8.7%.
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