US EditionConsumer Credit Slows in the First Quarter of 2025
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Consumer Credit Slows in the First Quarter of 2025
Consumer credit continued to rise in early 2025, but the pace of growth has slowed. Student loan balances rose year-over-year as borrowers resumed payments following the end of pandemic-era relief. However, growth remains modest. Credit card and auto loan debt also increased, though both experienced their slowest annual growth rates in years. Despite historically high...
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