Credit Card Use Fuels Borrowing Jump

Consumer borrowing - including credit card balances, student loans and auto loans - increased in December, according to the Federal Reserve’s monthly consumer credit report. Collection & Credit Risk

By |2015-02-12T11:43:11-06:00February 12th, 2015|FDCPA|Comments Off on Credit Card Use Fuels Borrowing Jump

Consumer Borrowing Climbs in September

Consumer borrowing jumped to $ 3.28 trillion in September, up approximately $ 15.9 billion, according to the Federal Reserve’s monthly report on auto and student loans and credit card debt. Collection & Credit Risk

By |2014-11-13T02:32:27-06:00November 13th, 2014|FDCPA|Comments Off on Consumer Borrowing Climbs in September

Consumer Borrowing Slows, Grows in August

Americans showed more caution in taking on non-mortgage debt in August, according to the latest consumer borrowing report from the Federal Reserve. Collection & Credit Risk

By |2014-10-09T15:04:20-05:00October 9th, 2014|FDCPA|Comments Off on Consumer Borrowing Slows, Grows in August

Consumer Borrowing Soars on Auto Loans

Fueled by demand for auto loans and higher credit card balances, U.S. consumer borrowing soared in July and posted its biggest jump since November 2001. Collection & Credit Risk

By |2014-09-13T06:17:40-05:00September 13th, 2014|FCRA|Comments Off on Consumer Borrowing Soars on Auto Loans

Gains Expected in Consumer Borrowing Report

The Federal Reserve's April report on consumer borrowing, to be released late in the day Friday, is expected to show borrowing rose by $ 15.6 billion in April. Collections - Credit Card

By |2014-06-07T18:58:59-05:00June 7th, 2014|FCRA|Comments Off on Gains Expected in Consumer Borrowing Report

Consumer Borrowing Posts Largest Jump in a Year

Consumer borrowing in March rose by the most in a little more than a year as Americans used credit cards more often while also taking out school and auto loans, the Federal Reserve reported Wednesday. Collections - Credit Card

By |2014-05-20T11:31:13-05:00May 20th, 2014|FDCPA|Comments Off on Consumer Borrowing Posts Largest Jump in a Year

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