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Consumer credit unexpectedly falls in Feb (Reuters)

Your Mortgage Planner - Million DollarBill — Wed, 07 Apr 2010 20:16:51 +0000

Reuters – U.S. consumer credit unexpectedly tumbled in February, reversing the prior month’s surprise increase, as households refrained from taking on new debt in favor of deleveraging.

Consumer credit unexpectedly falls in Feb (Reuters)

Your Mortgage Planner - Million DollarBill — Wed, 07 Apr 2010 20:16:51 +0000

Reuters – U.S. consumer credit unexpectedly tumbled in February, reversing the prior month’s surprise increase, as households refrained from taking on new debt in favor of deleveraging.

Consumer credit unexpectedly falls in Feb (Reuters)

Your Mortgage Planner - Million DollarBill — Wed, 07 Apr 2010 20:16:51 +0000

Reuters – U.S. consumer credit unexpectedly tumbled in February, reversing the prior month’s surprise increase, as households refrained from taking on new debt in favor of deleveraging.

Consumer credit posts first rise in a year (Reuters)

Your Mortgage Planner - Million DollarBill — Fri, 05 Mar 2010 21:59:09 +0000

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.

Summary Box: Consumer borrowing up in January (AP)

Your Mortgage Planner - Million DollarBill — Fri, 05 Mar 2010 21:37:06 +0000

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

Credit card delinquency rates level off (Reuters)

Your Mortgage Planner - Million DollarBill — Tue, 16 Feb 2010 23:22:14 +0000

Reuters – 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.

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

Your Mortgage Planner - Million DollarBill — Fri, 05 Feb 2010 20:24:00 +0000

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.

JPMorgan loan losses overshadow higher Q4 profit (Reuters)

Your Mortgage Planner - Million DollarBill — Fri, 15 Jan 2010 22:30:25 +0000

Reuters – 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.

JPMorgan loan losses overshadow higher Q4 profit (Reuters)

Your Mortgage Planner - Million DollarBill — Fri, 15 Jan 2010 22:30:25 +0000

Reuters – 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.

JPMorgan loan losses overshadow higher Q4 profit (Reuters)

Your Mortgage Planner - Million DollarBill — Fri, 15 Jan 2010 22:30:25 +0000

Reuters – 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.