consumer credit

Synchrony Shares Jump on Big Earnings Beat
Financial Performance

Synchrony Shares Jump on Big Earnings Beat

The company's acquisition of PayPal's U.S. consumer credit portfolio helped boost loan receivables by $11 billion, or 14%.
By Matthew Heller | January 23, 2019
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U.S. Household Debt Reaches New Heights
The Economy

U.S. Household Debt Reaches New Heights

A rise in mortgage, auto loan, and credit card balances drives a record amount of post-financial-crisis consumer debt.
By Vincent Ryan | August 14, 2018
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Consumer Credit Jumps $24.5 Billion in May
The Economy

Consumer Credit Jumps $24.5 Billion in May

The gain was the largest since November 2016 and easily beat economists' expectations of a $12.4 billion increase.
By Matthew Heller | July 10, 2018
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Consumer Credit Rises to Record $3.8 Trillion
Credit

Consumer Credit Rises to Record $3.8 Trillion

The surge in borrowing in October was fueled by a 9.9% increase in revolving credit outstanding, which mostly consists of credit-card loans.
By Matthew Heller | December 8, 2017
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Consumer Borrowing Hits Record $3.4T
The Economy

Consumer Borrowing Hits Record $3.4T

June data from the Federal Reserve suggest a healthy outlook for consumer spending in the second half of 2015.
By Matthew Heller | August 10, 2015
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