NAFCU Newsroom – Total consumer credit fell for the 10th time in the past 12 months, declining 0.4 percent in January (seasonally-adjusted, annualized). Revolving credit – primarily credit cards – was the driving force behind the drop as it fell 12.1 percent during the month and is down 11.6 percent compared to a year ago.
Revolving Credit Balances Decline in January – Delinquency
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