Tue, February 4, 2025 at 8:00 PM UTC When an emergency expense like a flat tire, a broken bone or a leaky roof arises, how do you pay for it? If you’re prepared with an emergency fund, you’d likely ...

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 ...

US consumer debt outstanding unexpectedly surged by the most on record in December, reflecting massive increases in credit-card balances and non-revolving credit. Total credit jumped $40.8 billion ...

Total consumer credit outstanding increased $19.6 billion (0.7%) to $2.84 trillion from April to May, according to a Federal Reserve report (link opens a PDF) released today. After bumping up 0.4% in ...