Consumers continue to be very cautious with their credit cards. Revolving balances on credit cards declined for the third straight month in August, according to the latest Consumer Credit Report by the Federal Reserve. Balances have declined by over $6 billion to $848.9 billion during the last three months. Revolving credit, the majority of which
Credit Card Debt Continues Steady Decline
October 9, 2013
credit cards
, Federal Reserve
, student loans
, credit card debt
, auto loans
, Consumer Credit Report
, revolving credit
, nonrevolving debt
, revolving balances
John H. Oldshue
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