US consumer borrowing climbs to record high in February

By | April 9th, 2015|Blog, Consumer Debt News|

La Jolla, CA – April 9, 2015 Earlier this week the Federal Reserve issued its monthly report on consumer borrowing. The report covers consumer borrowing for everything except mortgages. The trend in 2015 has been increased borrowing. February was no exception with these numbers growing by $15.5 billion. While we saw credit card debt decrease [...]