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Tag

credit card debt

1 article

July Consumer Credit Surges $18.1B; Card Debt Hits $1.357T Record
Macro & Rates20d ago
July Consumer Credit Surges $18.1B; Card Debt Hits $1.357T Record
Non-revolving credit jumped $15.3 billion in the largest monthly gain in three years, signaling sustained releveraging despite elevated 22.15% card rates.