Consumer Credit Grows Moderately
Posted on February 7th, 2008 in Mortgage Lending News | No Comments »
Consumer credit grew at an annualized 2.1% rate in December, or $4.5 billion. Revolving credit rose $2.1 billion, or 2.7% (annualized), while non-revolving credit rose $2.4 billion, or 1.8% (annualized).