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Consumer debt is piling up, and that’s OK

Consumer debt is rising in the U.S., and the reaction to this news has been both heated and predictable: “Americans in record debt: It’s...
U.S. CONSUMER CREDIT increased $12.5 billion billion in November, despite outstanding balances on credit cards and other revolving debt declined by the most in eight months. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

U.S. consumer borrowing cools on drop in credit-card balances

WASHINGTON – United States consumer borrowing increased less than forecast in November as outstanding balances on credit cards and other revolving debt declined by...

U.S. consumer credit increased less than forecast in June

WASHINGTON – United States consumer debt rose less than forecast in June as Americans whittled away at their credit-card balances following a big bump...
U.S. CONSUMER DEBT Total credit rose $17.1 billion in May. / BLOOMBERG NEWS FILE PHOTO

U.S. consumer borrowing climbs on bigger credit card balances

WASHINGTON – United States consumer debt climbed in May at about the same pace as a month earlier, led by the largest advance in...
UNITED STATES consumer debt expanded $17.5 billion in April. / BLOOMBERG NEWS FILE PHOTO

Consumer credit in U.S. rises in April by most in 5...

NEW YORK – United States consumer debt increased by the most in five months in April and topped estimates, suggesting more upbeat sentiment among...
TOTAL U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, accompanying a slowdown in new mortgage debt. / BLOOMBERG NEWS FILE PHOTO.SCOTT MCINTYRE

Americans kept borrowing in first quarter as new mortgages eased

NEW YORK – Americans continued to take on debt in the first quarter, though new mortgage borrowing slowed to the weakest level since late...
TOTAL U.S. CREDIT rose $17 billion from the prior month. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

U.S. consumer debt rose in Jan. on credit-card borrowing

NEW YORK - United States consumer debt picked up in January as Americans tapped credit cards after the holidays, suggesting support for spending at...

BauerFinancial: U.S. consumer debt exceeds 2008 peak

PROVIDENCE – Consumer debt has grown to more than $13.5 trillion nationwide, exceeding the 2008 peak by $869 billion and more than 21 percent...

Alarm over consumer debt overblown

There is no shortage of worrisome articles about consumer debt. And expect to see such concerns continue now that household debt surpassed the peak...

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