Thursday, April 18, 2024 | The Latest Buzz for the Appraisal Industry

Consumer Credit Grows but Some Risks Lurk

By Michael Neal According to the Federal Reserve Board, consumer credit grew by a seasonally adjusted annual rate of 7.9 percent over the month of November to $3.75 trillion. Revolving credit, which is largely composed of credit cards, grew by 13.5 percent while non-revolving credit, typically student loans and auto loans, rose by 5.9 percent. Although revolving credit grew faster than non-revolving credit… Read More ›

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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