CREDIT CARD BORROWING SURGES
Seattle Post Intelligencer
October consumer credit data are out. Total credit expanded by $18.186 billion in October to $3.08 trillion, up 7.1% from a year earlier and ahead of estimates for a $14.5 billion rise. Revolving credit — credit cards and the like — rose $4.3 billion ...
Credit Card Use Rebounds, Up a Surprising 6% ($4.3B), Fed Reports