|
Post by bot on Jul 10, 2017 19:13:04 GMT -5
U.S. consumer credit climbs at seven-month high rate of 5.8%
U.S. consumer credit rose at a 5.8% clip, or by $18.4 billion, in May, the Federal Reserve said Monday. That's the fastest rate in seven month, and comes as revolving credit like credit cards jumped 8.7%. Nonrevolving credit, typically auto and student loans, rose 4.7%.
|
|