After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling ...

The Fed breaks consumer credit into two main categories: revolving credit, such as credit cards, and non-revolving credit like auto loans, student loans and personal loans. July's surge was driven ...

The numbers: The amount of borrowing by U.S. consumers in September rose a scant 1.4%, but the increase was tied mostly to student loans as Americans scale back on the use of credit cards. Consumer ...

Revolving credit allows borrowers to have ongoing access to funds in the form of a line of credit, which comes with rules about how much credit is available to the borrower and how they have to ...

US consumer borrowing increased in August at a slower pace than a month earlier, restrained by the largest drop in credit-card balances since March 2021. Total credit outstanding rose $8.9 billion ...

CENTENNIAL, Colo. , Feb. 28, 2023 /PRNewswire/ -- NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce that it has expanded its existing non-revolving ...

As what’s happened four out of the past five years, auto finance defaults made a slight uptick in July versus the previous month. The auto portion of the S&P/Experian Consumer Credit Default Indices ...

Americans have been using their credit cards more than ever this summer. Revolving credit went up by 9.7% in July compared with a year earlier, according to the Federal Reserve. After months of ...