Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

CONSUMER CREDIT SURGES

Rob WileJun 7, 2014, 00:33 IST

Joe Raedle / Getty Images

Consumer credit climbed $26.85 billion in April, nearly doubling expectations for $15 billion.

Last month came in at $17.53 billion.

Bloomberg's Michael McDonough observes credit card spending levels nearly doubled.