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Revolving Credit Jumped in April as Consumers Loaded up on Card Debt
pymnts.com/economy/2025/revolving-credit-jumped-in-april-as-consumers-loaded-up-on-card-debtThe paydowns earlier this year were temporary. And as the latest consumer credit data from the Federal Reserve on Friday (June 6) indicated, consumers turned to credit as a way to pay for goods and services, in an April rush that indicates they sped up purchases as tariffs took effect…
This story appeared on pymnts.com, 2025-06-06 22:58:01.