June 2007
CardLine;6/15/2007, Vol. 7 Issue 24, p5
Trade Publication
The article focuses on the U.S. Federal Reserve Board's monthly Consumer Credit survey which reported that consumer credit outstanding rose at an annual rate of 1.3 percent in April 2007. That compares with a 7.0 percent annual growth rate in March and an average of 4.7 percent growth during the first quarter. Total consumer credit outstanding exceeded $2.43 trillion while revolving credit which includes credit card debt equaled $887.2 billion.


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