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Consumer debt falls $3.6B in July -Thu, 09 Sep 2010

Consumer borrowing in the U.S. declined for a sixth-straight month in July, indicating Americans are reluctant to take on more debt without faster job growth. The $3.6-billion decrease followed a revised $1-billion drop in June that was less than initially estimated, the Federal Reserve said Wednesday in Washington.

Consumer credit card debt shrinks again in July -Wed, 08 Sep 2010

Consumer credit card debt fell by more than $4 billion in July, a record 22nd straight monthly drop, according to the latest Federal Reserve data.

Consumer Credit in U.S. Fell $3.6 Billion in July, Fed Says -Wed, 08 Sep 2010

Consumer borrowing in the U.S. declined for a sixth straight month in July, indicating Americans are reluctant to take on more debt without faster job growth.

Consumer Credit Falls $3.63B in July -Wed, 08 Sep 2010

Total U.S. consumer credit outstanding declined for a sixth straight month in July as households concentrated on reducing their debt load amid an uncertain economic outlook.

Credit card debt fell again in July for 23rd straight month -Wed, 08 Sep 2010

Good news for consumer debt but bad news for the U.S. economy: Credit card use fell in July for 23rd straight month, the Federal Reserve just ...

Consumer borrowing falls again in July as credit card use falls for 23rd straight month -Wed, 08 Sep 2010

Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound. ...

Consumer borrowing falls again as households cut back -Wed, 08 Sep 2010

Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound. Americans did boost borrowing for auto loans in July but this gain was offset by further reductions in the category that includes credit cards. Households are borrowing less and saving more and that has acted ...

Consumer Credit Declines in July -Wed, 08 Sep 2010

In July, total consumer credit decreased at an annual rate of 1-3/4 percent. Revolving credit decreased at an annual rate of 6-1/4 percent, and nonrevolving credit increased at an annual rate of 1/2 percent.

Even as Consumer Credit Card Balances Drop, Repay Debt, Says Freedom Debt Relief Exec -Wed, 08 Sep 2010

As CARD Act takes effect, Freedom Debt Relief suggests consumers pay off debt, avoid overconfidence

U.S. consumer credit falls $3.63 bln in July -Wed, 08 Sep 2010

U.S. consumer credit falls $3.63 bln in July

 
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