http://www.npr.org/2012/04/06/150148187/car-loans-lead-consumer-borrowing
The Associated Press says that Americans took out more loans to buy cars and attend school in February but used their credit cards less frequently for the second straight month.
The Federal Reserve said Friday that consumers increased borrowing by $8.7 billion, the sixth straight monthly increase. This could be an indication of forward thinking in Americans in 2012 and/or a slight lift in long term economics within our county having to do with intesterst rates. Now is apparently the time to borrow.
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