TITLE

REVOLVING CREDIT DOWN IN AUGUST

PUB. DATE
October 2009
SOURCE
CardLine;10/16/2009, Vol. 9 Issue 42, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on a U.S. Federal Reserve G.19 report on consumer credit released recently. According to the report, U.S. revolving credit, 98% of which is credit card debt, decreased by 1.09% in August 2009, to 899.4 billion dollars. The report states that total seasonally adjusted consumer credit outstanding decreased at an annual rate of 5.75% in August 2009.
ACCESSION #
44770653

 

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