FX.co ★ US Consumer Credit Rises More than Expected in March

In March 2025, total U.S. consumer credit saw an increase of $10.17 billion, marking a recovery from the previous month's $0.8 billion decline and exceeding market predictions, which anticipated a $9.5 billion rise. In the first quarter, consumer credit recorded a seasonally adjusted annual growth rate of 1.5%. Specifically, revolving credit, which comprises credit card debt, grew at an annual pace of 2.3%, while non-revolving credit, including auto and student loans, rose at a 1.2% rate. For March alone, consumer credit expanded at an annual rate of 2.4%, reflecting a moderate boost in household borrowing activity.