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Fed Reports Revolving Credit Takes Off In May, June

Tags » Consumer Debt, Financial Regulators  » Comments (0)

The Federal Reserve's latest G.19 Consumer Credit report shows revolving credit grew at an 11.0 percent annual rate in May and a 9.8 percent annual rate in June. This compares to a -0.8 percent growth rate in the first quarter of 2006.

Posted: Aug 7, 2006 01:06 PM Pacific |   |   |   Tweet This

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