Nonrevolving consumer credit outstanding at record high

For the 1st time since Sept ’08, the level of revolving credit outstanding (mostly credit card debt) in Dec went up m/o/m, higher by $2.3b seasonally adjusted to $800.5b and remains well below the record high back in July ’08 at $974b. However, for a 5th straight month, the level of nonrevolving credit outstanding (mostly [...]

Rosario Dawson Tricia Helfer Elena Lyons Brooke Burns Lena Headey