- Prior was +22.35B (revised to $23.79B)
- Revolving +14.8B
- Non-revolving +25.36B
Consumers continue to borrow, despite rising rates. That could be a sign of an optimistic consumer or a consumer that can’t afford to pay the bills.
Consumers continue to borrow, despite rising rates. That could be a sign of an optimistic consumer or a consumer that can’t afford to pay the bills.