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Consumer credit.(Credit Briefings)(Brief Article)

Business Credit

| November 01, 2004 | Hansen, Fay | COPYRIGHT 2004 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

U.S. consumer credit dropped an annual rate of 1.4% in August, the largest decline in six years. Revolving credit fell sharply while nonrevolving credit registered slow growth.

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