> US October consumer credit outstanding +27.1B vs +28.3B expected

US October consumer credit outstanding +27.1B vs +28.3B expected

A look at US consumer credit growth

Wednesday, 07/12/2022 | 20:01 GMT

Prior was +24.98B
Revolving +10.1B
Non-revolving +16.98

Revolving loans are generally credit cards while non-revolving are auto and student loans. I would expect credit cards to do most of the heavy lifting from here.

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