Consumer Credit in U.S. Surges on More Loans for Automobiles

Consumer borrowing in the U.S. rose more than forecast in July as non-revolving loans including those for cars climbed by the most in three years. The $26 billion increase in credit exceeded the highest forecast in a Bloomberg survey and followed an $18.8 billion advance in June that was more tha…

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Consumer Credit in U.S. Surges on More Loans for Automobiles

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