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Fed: Revolving Consumer Credit Outstanding Shrinks 3.75% in May

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

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The Federal Reserve released its monthly G.19 Consumer Credit report today showing that overall consumer credit decreased at an annual rate of 1-1/2 percent in May 2009 while revolving credit decreased at an annual rate of 3-3/4 percent.
Posted: Jul 8, 2009 12:33 PM Pacific |   |   |   Tweet This

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