U.S. consumer credit grew for the fourth consecutive month in November to top $2.7 trillion, according to recent Federal Reserve data. Consumer credit outstanding increased a seasonally adjusted $16.1 billion, fueled by student and automobile loans.
U.S. consumer credit grew for the fourth consecutive month in November to top $2.7 trillion, according to recent Federal Reserve data. Consumer credit outstanding increased a seasonally adjusted $16.1 billion, fueled by student and automobile loans.