- Not surprisingly, non-revolving credit (i.e. student debt and car loans) accounts for all of the $13.8B June increase in consumer credit — and then some.
- Non-revolving credit rose $16.5B while revolving credit (credit cards) declined by $2.7B, the steepest drop in a year.
Same old story: Non-revolving credit up, revolving facilities weak
Aug 7 2013, 15:24 ET