Monday, January 8, 2018
Consumer Credit Growth at CUs Slows in November
The Federal Reserve reported on January 8th that outstanding consumer credit at credit unions grew in November, but at a slower pace than October and September.
Outstanding consumer credit increased by $2.4 billion in November to $22.6 billion.
Revolving credit at credit unions increased by approximately $1.1 billion in November to $56.7 billion, while nonrevolving credit grew by $1.3 billion in November to $365.9 billion.
Read the G.19 Report.
Outstanding consumer credit increased by $2.4 billion in November to $22.6 billion.
Revolving credit at credit unions increased by approximately $1.1 billion in November to $56.7 billion, while nonrevolving credit grew by $1.3 billion in November to $365.9 billion.
Read the G.19 Report.
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