Consumer credit posts first rise in a year (Reuters)

Reuters – Total U.S. consumer credit rose $4.96 billion in January, its first rise in a year and the largest for any month since mid-2008, Federal Reserve data showed on Friday.

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Summary Box: Consumer borrowing up in January (AP)

AP – BORROWING UP: Consumer credit rose by $4.96 billion in January, breaking a record string of 11 consecutive declines.

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Credit card delinquency rates level off (Reuters)

American Express and MasterCard credit cards are shown in Washington June 25, 2008. REUTERS/Jim BourgReuters – The percentage of Americans falling behind on credit card bills stabilized in January, according to data from the six major lenders, signaling that U.S. consumer credit woes may be leveling off.

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December consumer credit down for 11th straight month (Reuters)

Reuters – A weak job market and tight credit conditions caused consumer credit to fall $1.73 billion in December, the eleventh straight monthly decline, a report from the Federal Reserve showed on Friday.

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JPMorgan loan losses overshadow higher Q4 profit (Reuters)

People walk past the JPMorgan Chase & Co building after Chase said yesterday it was buying Bear Stearns for $2 a share in New York March 17, 2008. REUTERS/Chip EastReuters – JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.

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JPMorgan loan losses overshadow higher Q4 profit (Reuters)

People walk past the JPMorgan Chase & Co building after Chase said yesterday it was buying Bear Stearns for $2 a share in New York March 17, 2008. REUTERS/Chip EastReuters – JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.

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JPMorgan loan losses overshadow higher Q4 profit (Reuters)

People walk past the JPMorgan Chase & Co building after Chase said yesterday it was buying Bear Stearns for $2 a share in New York March 17, 2008. REUTERS/Chip EastReuters – JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.

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JPMorgan loan losses overshadow higher Q4 profit (Reuters)

People walk past the JPMorgan Chase & Co building after Chase said yesterday it was buying Bear Stearns for $2 a share in New York March 17, 2008. REUTERS/Chip EastReuters – JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.

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JPMorgan loan losses overshadow higher Q4 profit (Reuters)

People walk past the JPMorgan Chase & Co building after Chase said yesterday it was buying Bear Stearns for $2 a share in New York March 17, 2008. REUTERS/Chip EastReuters – JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.

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JPMorgan loan losses overshadow higher Q4 profit (Reuters)

People walk past the JPMorgan Chase & Co building after Chase said yesterday it was buying Bear Stearns for $2 a share in New York March 17, 2008. REUTERS/Chip EastReuters – JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.

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