35 Days
Source:
المشهد العربي
Source: المشهد العربي
35 Daysالمشهد العربي
Source: المشهد العربي
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April 2026 saw an unexpected decline in total consumer credit in the United States, decreasing by $182 million, contrary to forecasts of a $17.5 billion increase. This is primarily due to a reduction in credit card debt by $5.3 billion, the largest decrease since 2024, while non-revolving loans rose by $5.1 billion. This trend reflects consumers' efforts to reduce their reliance on credit amid rising borrowing costs, with the average interest rate on credit cards reaching 22.15%.
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