Consumer credit balloons in June - Seattle Times

Story date: 2008-08-07 11:57:00
Added on: 2008-08-08 08:50:36

U.S. consumers borrowed more than twice as much as economists forecast in June as the slump in real-estate prices prevented homeowners from tapping into home-equity lines of credit. Consumer credit rose by $14.3 billion, the most since November, to ...


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