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Consumer Borrowing Rose $13.8 Billion In June

Thursday, August 8, 2013 - 2:22 PM
From AP via USA Today
Americans borrowed more in June to buy cars and attend schools. But they were frugal again with their credit cards, indicating many are still wary of taking on high-interest debt.

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If you like the details, here's the Federal Reserve report.

The more loan demand, the more banks and credit unions will need our deposits which will push up deposit rates.
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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
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