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US consumer credit declined by 1.5 percent from one year ago in July

Published Last updated This article is more than 2 years old.

A link from Federal Reserve

Current Release (PDF) In July, total consumer credit decreased at a seasonally adjusted annual rate of 1-1/2 percent. Revolving credit decreased at an annual rate 6-3/4 percent, and nonrevolving credit increased at an annnual rate of 1 percent.

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