The Federal Reserve is reporting that outstanding consumer credit at credit unions grew during December; but at a slower pace than in November, according to the G.19 report.
Outstanding consumer credit increased by almost $4.3 billion to $425 billion in December. However, consumer credit at credit unions increased by $6.1 billion in November.
Outstanding revolving credit expanded by $1.3 billion to $58 billion in December.
Non-revolving credit rose from $363.9 billion in November to $367 billion in December.
Read the G.19 Report.
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