The Traderszone Network

Published in TZ Latest News 7 February, 2017 by The TZ Newswire Staff

At Over $2.5 Trillion, US Student And Auto Loans Hit New Record High

Following a burst in consumer credit growth in the past few months, driven by both revolving, or credit card, debt as well as non-revolving auto and student loans, in December the US consumer took a breather, and total consumer credit grew by only $14.2 billion, nearly half of last month’s $25.2 billion, and lowest monthly increase since February.

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