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consumer borrowing

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Consumers Boost Borrowing by $18.8B in December

Consumers boosted their borrowing in December by the largest amount in 10 months as demand for auto, student and credit card loans showed big gains.

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Consumer Borrowing Rose $18.2 Billion in October

Americans boosted their borrowing in October, led by another big increase in auto and student loans and the biggest rise in credit card debt in five months.

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Joe Raedle, Getty Images
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Consumer Borrowing Up as Credit Card Use Rises

Americans increased their borrowing in May at the fastest pace in a year. Borrowing in the category that includes credit cards reached its highest point since the fall of 2010.

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U.S. Consumer Borrowing Up $17.1-Billion in May

Americans stepped up their borrowing in May, helped by the largest monthly gain in credit card debt in more than four years. But overall credit card use is still well below where it was just before the Great Recession began.

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Flickr User Images_of_Money
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Consumer Borrowing Rose $19.3 Billion in December

Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend school.

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Flickr user | Images_of_Money
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Consumers Borrow More in October as Economy Improves

Americans stepped up their borrowing in October to buy cars and attend college, and they also charged a little more to their credit cards. The second straight monthly gain in overall borrowing suggests consumers are growing more confident in the economy ahead of the crucial holiday buying season.

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