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NewsOctober 4, 2011

New Credit Growth Highest in Two Years, Equifax Reports

First-half credit growth outpaced the first half of 2010 by $43 billion, with the automotive segment being one of the key drivers, according to Equifax’s National Credit Trends Report.

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NewsSeptember 1, 2011

Consumers Shift Focus From Savings to Paying Down Debt

Results from a poll conducted by the National Foundation for Credit Counseling (NFCC) revealed that 89 percent of consumers prefer to pay down debt than increase their savings.

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NewsMay 4, 2011

Equifax Data Indicates Widespread Credit Growth

Multiple portfolio metrics indicate that the U.S. credit market is stabilizing and is growing, according to Equifax's monthly “National Credit Trends Report” for March 2011.

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NewsNovember 8, 2010

Consumer Borrowing Increases in September

Consumer credit increased at an annual rate of 1.1 percent, or $2.1 billion, in September, according to the Federal Reserve’s monthly report.

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NewsOctober 12, 2010

Interest Rates Drop in August, Federal Reserve Says

Consumer credit decreased at an annual rate of 1.7 percent in August, according to the Federal Reserve’s monthly report.

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NewsJune 7, 2010

Interest Rates Drop for Second Consecutive Month, Federal Reserve Says

Consumer credit increased at an annual rate of 0.5 percent in April, according to the Federal Reserve’s monthly report.

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NewsMay 11, 2010

Consumer Credit Rises; Interest Rates Dip, Federal Reserve Says

Consumer credit rebounded in March to an annual rate of 1 percent after it decreased in February to an annual rate of 3 percent, according to the Federal Reserve’s monthly report.

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NewsMarch 9, 2010

Interest Rates Increase Slightly in January, Says Federal Reserve

Credit extended to consumers in January rose for the first time since July 2008, according to the Federal Reserve’s monthly report, providing further evidence that both lenders and consumers are feeling better than they did a year ago.

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NewsJanuary 12, 2010

Interest Rates Increase Slightly in November, Says Federal Reserve

Consumer credit dropped 8.5 percent in November 2009, the lowest figure of the year, according to the Federal Reserve’s monthly report.

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NewsDecember 15, 2009

Interest Rates Dip Slightly in October, Says Federal Reserve

Consumer credit decreased at an annual rate of 3.3 percent in the third quarter and continued to decline in October, according to the Federal Reserve’s monthly report.

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