Personal Finance

NY Fed: Consumer debt up in Q2

Credit card balances rose $10 billion in the second quarter, the Federal Reserve Bank of New York said in its latest quarterly " Household Debt and Credit Report " released Thursday. Debt on cards continues to lag behind auto loans and student loans.

See related:Consumer debt market shows signs of 'healing'

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Credit Cards

Latest Personal Finance Videos

    #TradeTalks: The Changing E-Commerce Landscape

    e-Commerce Consultant James Thomson joins Jill Malandrino on Nasdaq #TradeTalks to discuss the changing e-commerce landscape, what consumers should prepare for as we head into shopping season and why you shouldn’t do last minute shipping.

    4 days ago