Latest Posts
Home > Debt Relief Industry > Fed Reports Consumer Debt Levels Rise

Fed Reports Consumer Debt Levels Rise

The latest Federal Reserve Consumer Credit release is out and while consumer debt levels increased at an annual rate of 3 percent in the last reported month, April, the bad news is that the rise is fueled by non-revolving student loans, auto loans, etc.

Revolving debt continued it’s fall but at a slower pace of an annual rate of negative 1.4 percent. The amount of revolving debt current stands at $790.1 billion.

The data shows only a small increase in revolving debt by savings institutions while credit unions remain the same and commercial banks pulled back a bit.

Fed Reports Consumer Debt Levels Rise

The chart above shows the rate of decline in outstanding consumer debt is slowing (blue) and the decrease in outstanding consumer debt is flattening out a bit (red).

Fed Reports Consumer Debt Levels Rise
Get Out of Debt Guy – Twitter, G+, Facebook

I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.

Fed Reports Consumer Debt Levels Rise by

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • Damon Day

    Ok now I am convinced.  Steve you are just a one man conspiracy theory.  Ha Ha

  • http://DamonDay.com Damon Day

    Ok now I am convinced.  Steve you are just a one man conspiracy theory.  Ha Ha

  • SeanDSLegalPlan

    Ummmmmmmm…. Yayyyyyy…. (ha)

  • Anonymous

    Ummmmmmmm…. Yayyyyyy…. (ha)

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.