Consumer credit increased by $13.7 billion, or 5.4%, in September to $3.052 trillion, the Federal Reserve reported Thursday.
In August, consumer credit rose a revised $14.2 billion, or 5.6%, to $3.038 trillion. August's increase was originally reported as $13.6 billion or 5.4%.
Revolving credit outstanding dropped to $846.9 billion from $848.9 billion.
Non-revolving credit edged up to $2.205 trillion from $2.189 trillion.
The increase exceeded the median $12.0 billion rise projected by economists polled by Thomson Reuters.
Revolving credit includes credit card debt. Non-revolving debt includes automobile loans, loans for mobile homes, education, boats, trailers, or vacations.
