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Consumers cut credit card borrowing for 24th month
October 7, 2010 3:15 PM
Consumer borrowing fell again in August as consumers cut back on credit card use for the 24th consecutive month. The Federal Reserve says that borrowing by consumers declined by $3.3 billion in August. That marked the 18th drop in the past 19 months. Borrowing increased modestly for one-time... more »
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