WASHINGTON, July 8 (UPI) -- U.S. consumer credit dropped at an annual rate of 1.5 percent in May, the Federal Reserve Bank said Wednesday.
WASHINGTON, June 5 (UPI) -- Revolving credit among U.S. consumers fell at an annual rate of 11 percent in April, the Federal Reserve Bank said Friday.
WASHINGTON, March 3 (UPI) -- The Obama administration announced the launch of a program to support purchases of AAA-rated securities, the government called critical to U.S. lending.
WASHINGTON, Nov. 25 (UPI) -- The U.S. Federal Reserve Board said Tuesday it would create a new program to help investors purchase credit card-, student- and auto-loan backed securities.
WASHINGTON, July 9 (UPI) -- U.S. consumer borrowing rose at an annual 6.4 percent, far more than the previous month's 1.1 percent gain, the U.S. Federal Reserve Board reported Monday.
WASHINGTON, July 12 (UPI) -- Capital One Financial of McLean, Va., the nation's sixth-largest credit card company, has won approval to become a bank holding company.
