Total consumer credit rose by $18.8 billion to
$3.1 trillion, the Federal Reserve said on Friday. That was the
biggest gain since February.
Economists polled by Reuters had expected consumer credit to
rise by $12 billion in December.
Revolving credit, which mostly measures credit-card use, rose by
$5 billion in December after climbing $465 million in November.
Revolving credit figures can be volatile.
Non-revolving credit, which includes auto loans as well as
student loans made by the government, increased $13.8 billion in
(Reporting by Jason Lange; editing
by Paul Simao)
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