US consumer borrowing up $19.6 billion; credit card debt reaches highest point since 2010

  • Article by: MARTIN CRUTSINGER , AP Economics Writer
  • Updated: July 8, 2013 - 8:39 PM

WASHINGTON — Americans increased their borrowing in May at the fastest pace in a year. Borrowing in the category that includes credit cards reached its highest point since the fall of 2010.

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