Nonrevolving Credit news and trends

Revolving Credit Drops 12% in November as Consumers Trim Balances
Consumer Finance // January 08, 2025

November’s stats from the Federal Reserve on consumer credit — known as the G.19 report — show a reversal from recent months, where households kept borrowing, padding balances, and using cards and other loans to finance daily life. Get the Full Story Complete the form...

Fed Data: Consumer Revolving Credit Jumps to Nearly 14% Annual Rate
Consumer Finance // December 08, 2024

New Federal Reserve data shows American consumers’ credit card debt continuing to climb. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Paycheck-to-Paycheck Consumers Show Strain as Revolving Credit Balances Spike 17.7%
Consumer Finance // January 08, 2024

Consumers loaded up on debt even before the holidays and into Black Friday — and those of us living paycheck to paycheck may feel the pinch of that added debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
Consumer Finance // January 08, 2024

Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Interviews & Exclusives
Revolving Credit Drops 12% in November as Consumers Trim Balances

January 08, 2025
November’s stats from the Federal Reserve on consumer credit — known as the G.19 report — show a reversal from recent months, where households kept borrowing, padding balances, and using cards and other loans to finance daily life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]

Quick Reads
Fed Data: Consumer Revolving Credit Jumps to Nearly 14% Annual Rate

December 08, 2024
New Federal Reserve data shows American consumers’ credit card debt continuing to climb. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November

January 08, 2024
Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Get the Full Story Complete the form to unlock this article and...

Fed Says Consumer Credit Grew 4.3% in June

August 07, 2023
Consumer credit grew at a seasonally adjusted annual rate of 4.3% in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Fed Says Total Consumer Credit Outstandings Grew 5.7% in April

June 07, 2023
Consumer credit grew at a seasonally adjusted rate of 5.7% in April. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...