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Posts related to ‘consumer credit’

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Lower Credit Card Debt Hurts Consumer Credit Report

Posted: May 7, 2013 at 3:41 pm

The Federal Reserve has reported that consumer credit in March rose by only $8.0 billion. Bloomberg was calling for consumer credit to rise by $15 billion, but today's Fed report ...
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Credit cards

Federal Reserve Shows Consumer Credit Posts Fifth Straight Monthly Gain

Posted: February 7, 2013 at 3:20 pm

Consumer Credit is on the rise yet again according to the Federal Reserve, although with it being a December reading we might consider it somewhat expected. What investors need to ...
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Consumer Credit Ticks Up in September, but Not in Credit Cards

Posted: November 7, 2012 at 3:16 pm

Consumer credit rose in the month of September, albeit at a slower rate. The Federal Reserve showed an increase of some $11.36 billion versus August to $2.737 trillion. The increase ...
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Big Gain in August Consumer Credit Report

Posted: October 5, 2012 at 3:09 pm

Consumer Credit posted a gain for the month of August according to a Federal Reserve report. Not only that, this $18.1 billion gain was the biggest jump in three months. ...
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Consumer Credit Shows Very Surprising Drop For July

Posted: September 10, 2012 at 3:29 pm

Consumer Credit is going the wrong way.  In the month of July we saw a contraction by $3.28 billion.  For the month of June, Consumer Credit was revised to up ...
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Consumer Credit On The Rise

Posted: July 9, 2012 at 3:17 pm

Consumer credit is still on the rise. Is it due to the public borrowing for summer vacations, or is it something else?  The latest report from the Federal Reserve shows ...
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US Credit Card Debt Rises 150% in Third Quarter (V, MA, AXP, COF)

Posted: December 8, 2011 at 11:33 am

Americans have started using their credit cards again -- and in a big way. Credit card debt jumped 154% in the third quarter of 2011 compared with the same period ...
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Hard Times Live On… Layaway Makes a Comeback (WMT, SHLD, TGT, BBY, TJX, LOW, DG, DLTR, FDO)

Posted: October 4, 2011 at 8:43 am

Back in the day, a layaway plan made sense for many consumers who did not have the full purchase price of an item but could pay regular small installments until ...
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Consumer Credit Rose Again, But Not Where We Thought

Posted: June 7, 2011 at 3:33 pm

You might not know it by the current economic data, but consumer credit keeps rising.  We figured that a late Easter would drive credit up at the end of the ...
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Consumer Credit Back On The Rise

Posted: January 7, 2011 at 3:25 pm

Americans are borrowing again, although the message from the release is "little changed" despite this being the second month of gains.  The Federal Reserve just released data from November-2010 showing ...
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Consumer Credit Rises For Second Month

Posted: December 7, 2010 at 3:17 pm

Who said borrowing is dead?  We have now seen two consecutive months of rising credit in America.  While September consumer credit was revised to a gain of $1.2 billion rather ...
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The Continually Shrinking Consumer Credit (V, MA, DFS, AXP)

Posted: September 8, 2010 at 4:22 pm

Americans are still shrinking their credit according to the latest data from the Federal Reserve.  July marked a sixth consecutive drop and the seasonally adjusted rate of credit contraction came ...
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Consumer Credit Keeps Drying Up

Posted: August 6, 2010 at 3:10 pm

Consumer credit keeps going lower and lower in the U.S.  The Fed reported that June's credit was down 0.7% on a seasonally adjusted basis with a $1.3 billion drop down ...
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