US June shopper credit score excellent +40.15B vs +25.0B anticipated

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  • Prior was +22.35B (revised to $23.79B)
  • Revolving +14.8B
  • Non-revolving +25.36B

Customers proceed to borrow, regardless of rising charges. That might be an indication of an optimistic shopper or a shopper that may’t afford to pay the payments.

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