Credit unions had $240.5 billion in outstanding consumer creditin September, down from the revised figure of $241.6 billion inAugust, according to data released today by the FederalReserve.
Overall, outstanding consumer credit fell to $2,465 trillion,down from $2,475 trillion in August. It was the eighth consecutivemonthly decline.
At credit unions, outstanding revolving credit, increased to$34.2 billion from $34.1 billion in August. Revolving credit, whichmostly refers to credit-card related payments, fell overall to886.6 billion, compared with August's $897.1 billion.
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