Outstanding Consumer Credit At Credit Unions Up During August

consuemr credit

WASHINGTON—Outstanding consumer credit at credit unions increased during the month of August.

Total outstanding credit grew by $6.1 billion during August to $451.3 billion, reported Keith Leggett, the former senior vice president and senior economist at the ABA.

Revolving credit edged higher in August by $300 million to $59.8 billion.

Nonrevolving credit increased by $5.8 billion in August to $391.5 billion, Leggett said.

Section: Standard
Word Count: 129
Copyright Holder: CUToday.info
Copyright Year: 2018
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URL: http://www.cutoday.info/Fresh-Today/Outstanding-Consumer-Credit-At-Credit-Unions-Up-During-August