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U.S. Consumer Credit Plummets In April As Credit-Card Use Tumbles By Record Amount

Consumer borrowing declined in April by the fastest rate since 1943 as credit card use saw a record decline, according to Federal Reserve data released Friday. Total consumer credit decreased at a 19.6% rate or $68.8 billion in April. Economists … 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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