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Notes to myself, possibly of interest to others.
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Monday, April 11, 2011

February Consumer Credit Rise due to Student Loans

Yes, consumer credit did manage to rise $7.6 billion in February, the largest increase since June 2008. That is on a seasonally adjusted basis. In raw terms, credit actually contracted $16.4 billion.

Consumers tapped Federal credits, mostly student loans, by $8.2 billion in February. Outside of this, credit actually contracted.

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