Consumer Credit Jumps in October

U.S. consumers took on more debt in October, according to data the Federal Reserve recently released. The total amount of U.S. consumer credit outstanding grew a seasonally adjusted $14.2 billion, or 6.2 percent annually. The increase was fueled by auto and student loans.

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Original Post: http://www.frbatlanta.org//pubs/financialupdate/12q4_consumer_credit.cfm

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