Consumer Borrowing Rose 10.2% In March

Americans are stepping up their borrowing, a possible good sign for the economy as households become less determined to whittle debt and more willing to spend.

Topics:  borrowing   
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    Nationally, prices rose 4.6 percent year-over ... that outpaces wage growth and consumer price ... time buyers into the market, while borrowing ...
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  • U.S. consumer borrowing rose $14.8B in December
    Washington • Consumers increased their borrowing in December, with credit cards rising at the fastest pace in eight months. It could be a sign that consumer spending will accelerate as strong jobs gains give shoppers more confidence about taking on debt.
    02/6/2015 - 9:51 am | View Link
  • US consumer borrowing rises $14.8 billion in December
    The Federal Reserve says that consumer borrowing rose by $14.8 billion in December, an acceleration from November when borrowing had increased by $13.5 billion. The increase pushed consumer debt to a record $3.31 trillion in December. The December rise ...
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  • Cheap borrowing fuels consumer credit boom
    Credit card borrowing rose by 5pc on an annual basis, while loan advances rose 7.3pc compared with a year earlier. On a monthly basis, net unsecured consumer credit rose to £1.1bn in October from £942m in September, pushing up the total amount of ...
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  • Consumer Borrowing Accelerated in July as Credit-Card Borrowing Rose
    Consumer borrowing accelerated in July as Americans took on more credit-card debt and other loans. Total outstanding consumer credit, excluding loans secured by real estate like home mortgages, rose at a seasonally adjusted annual rate of 9.7% in July from ...
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  • US consumer borrowing likely rose in June, but gains slowed down
    WASHINGTON – The Federal Reserve will report on consumer borrowing in June. The report will be released Thursday at 3 p.m. Eastern time. BORROWING GROWTH SLOWS: The expectation is that consumer borrowing increased by $18 billion in June, according to a ...
    08/7/2014 - 1:05 am | View Link
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  • Consumer Debt and the Economy
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  • GreenPath Debt Solutions | Debt & Consumer Credit Counseling
    Since 1961, GreenPath has been helping people regain control of their finances - and their lives. If you want to get out of debt, call 800-550-1961.
    02/28/2015 - 10:12 am | View Website
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    The Law Office of William J. Rose aggressively defends the rights of consumers facing aggressive debt collectors. Call today for a free consultation.
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    Virginia residents carry significantly higher than average debt loads but can typically afford to repay their loans.
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