Relevant:
- U.S. consumer credit surges on increased credit card use
- Americans Unleash Epic Debt-Fuelled Spending Spree As Credit Card Debt Jumps Most On Record
- Credit-Card Use Is Surging, Risking Another Debt Crisis
- No "Recovery" In Consumer Credit; Loan Growth In Student Loans Is Not A Good Sign
- Credit card debt hits new record in November, raising concerns.
2012-05-07 — zerohedge.com
``That US consumer credit soared by $21.4 billion in March on expectations of $9.8 billion rise, or the fastest monthly expansion since March 2001 would have been commendable and memorable if one did not dig through the actual components. Which sadly are atrocious: of the entire surge, a modest $5.1 billion was from real credit, or revolving, credit-card type debt. ''
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