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• Q1: Consumer credit increased at a seasonally adjusted annual rate of 5-3/4 percent during the first quarter. Revolving credit was little changed, while nonrevolving credit increased at an annual rate of 8 percent.
• Month: In March, consumer credit increased at an annual rate of 3-1/2 percent. Source: Federal Reserve *Note: Nonrevolving credit can be used only once, such as with a car loan or student loan. Revolving credit can be used multiple times, such as with a credit card. |
08 May 2013
• U.S. Consumer Credit – March 2013
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