Cr? Say? consumption increases? again in October
December 12, 2010 by admin
Filed under Student loans
Consumer borrowing in the U.S. unexpectedly rose in October for a second straight month, led by an increase in non-revolving credit. Non-revolving debt, which includes Student loans held by the federal government, as well as loans for cars and mobile homes, rose by $9.02 billion, the Federal Reserve said Tuesday in Washington.