Consumers Get Choosier About Credit
By PYMNTS
Source excerpt · PYMNTS
Consumer credit is still growing, but consumers eased off the form of borrowing they can adjust most readily from month to month. Federal Reserve data released Wednesday (Oct. 7) show consumer credit expanded at a seasonally adjusted annual rate of 1.9% in August, less than half July’s revised 4.1% pace and the slowest since May. […] The post Consumers Get Choosier About Credit appeared first on P…