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US Credit Card Debt Rises Above $1 Trillion As Student, Auto Loans Hit All Time High
Resource type
Web Page
Title
US Credit Card Debt Rises Above $1 Trillion As Student, Auto Loans Hit All Time High
Abstract
Consumer credit rose a blistering 6.6% Y/Y in September, rising by $20.8BN, more than the $17.5BN expected, with student and auto loans rising to a new record high, while credit card debt is back over $1 trillion for the first time since the financial crisis.
Date
11/7/17, 12:00 AM
Accessed
11/7/17, 8:42 PM
Citation
US Credit Card Debt Rises Above $1 Trillion As Student, Auto Loans Hit All Time High. (2017, November 7). http://www.zerohedge.com/news/2017-11-07/us-credit-card-debt-rises-above-1-trillion-student-auto-loans-hit-all-time-high
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