JUST IN ⚡
U.S. consumer credit surged to a record $5.19 trillion in July, climbing $18.1 billion from June 🚀
It’s the 13th consecutive monthly rise, a record streak. Revolving credit rose $2.8 billion to $1.36 trillion. Non‑revolving loans, like auto and student debt, climbed $15.3 billion to $3.83 trillion. It’s the biggest monthly jump since March 2025, highlighting debt‑driven inflation resistance 📈
Analysts warn the debt surge could strain household finances ⚠️
$CELR, $SAGA, $CELR
U.S. consumer credit surged to a record $5.19 trillion in July, climbing $18.1 billion from June 🚀
It’s the 13th consecutive monthly rise, a record streak. Revolving credit rose $2.8 billion to $1.36 trillion. Non‑revolving loans, like auto and student debt, climbed $15.3 billion to $3.83 trillion. It’s the biggest monthly jump since March 2025, highlighting debt‑driven inflation resistance 📈
Analysts warn the debt surge could strain household finances ⚠️
$CELR, $SAGA, $CELR
