<p><div class="image-container float_right" style="width:400px"><div class="image"><img src="http://static4.businessinsider.com/image/5138f0956bb3f76e0c000003-810-608/credit-cards-amex-mastercard-visa-discover.png?maxX=400" border="0" alt="credit cards amex mastercard visa discover" width="400" /></div><p class="source"><a href="http://www.flickr.com/photos/9731367@N02/7113235069/">Philip Taylor PT</a></p></div>The Federal Reserve's January <a href="http://www.federalreserve.gov/releases/g19/Current/">G.19 report on consumer credit</a> is out.</p>
<p>Total <keyword id="437168" type="ORGANIZATION" weightage="60" keywordseo="consumer-credit">consumer credit</keyword> outstanding jumped by $16.15 billion, which was ahead of expectations for growth of $14.7 billion.</p>
<p>Revolving debt (e.g. credit cards) climbed by just 0.1 percent, while non-revolving debt (e.g. car loans) jumped 10.0 percent.</p>
<p>This only <a href="http://www.businessinsider.com/household-debt-q4-2013-2">adds to the evidence</a> that suggests consumer deleveraging is over.</p>

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BOOM: CONSUMER CREDIT BEATS EXPECTATIONS, JUMPS $16 BILLION

Philip Taylor PTThe Federal Reserve's January G.19 report on consumer credit is out. Total consumer credit outstanding jumped by $16.15 billion, which was ahead of expectations for growth of $14.7 billion. Revolving debt (e.g. credit cards) climbed by just 0.1 percent, while non-revolving debt (e.g. car loans) jumped 10.0 percent. This only adds to the evidence that suggests consumer deleveraging is over.

Philip Taylor PTThe Federal Reserve's January G. 19 report on consumer credit is out.

BOOM: CONSUMER CREDIT BEATS EXPECTATIONS, JUMPS $16 BILLION

Sam Ro

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