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U.S. consumer borrowing falls on smaller credit card balances

U.S. consumer borrowing unexpectedly fell in August as credit card balances declined for a sixth consecutive month with the coronavirus pandemic continuing to limit some purchases amid elevated unemployment. Total credit decreased $7.2 billion from the prior month after an … Continue reading →

Read more: creditandcollectionnews.com

This article is educational and is not legal, tax or financial advice. Results from credit repair services vary.

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