The Federal Reserve issued its monthly report on consumer credit for January
The data show that total credit rose from $2.494 trillion in December to $2.512 trillion
Non revolving credit, which includes automobile loans and all other loans not included in revolving credit, such as loans for mobile homes, education, boats, trailers, or vacations rose from $1.691 trillion to $1.711 trillion These loans may be secured or unsecured.
The increase in cars sales was substantial in January, a supporting set of data for the Fed information
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