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What is the fastest growing type of consumer credit in 2013?

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Question ajoutée par Nitin Gupta, ACA , FP&A , Rockwell Automation
Date de publication: 2014/01/18
Rehan Qureshi
par Rehan Qureshi , Financial Consultant , Self Employeed

It is consumer credit (automobile loans and all other loans not included in revolving credit) These loans are for mobile homes education vehicles or vacations. These type of loans may be secure or unsecure.

mohamed sabeen
par mohamed sabeen , QHSE Manager , Novus catering service

According to the latest figures provided by the Federal Reserve in September2013, non-revolving consumer credit is the fastest growing segment. This includes automobile loans and all other loans not included in revolving credit, such as loans for mobile homes, education, boats, trailers, or vacations. These loans may be secured or unsecured.

Jazir Thahir
par Jazir Thahir , Executive Secretary , Al Farida Beauty Intl Co. (PUIG)

Auto and Home Renovation i guess.

mukkur srinivasan varadhan
par mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice

vehiicle loans.

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