Consumer credit increased by $20.1 billion in August to $3.935 trillion, the Federal Reserve reported Friday.
In July, consumer credit rose an unrevised $16.6 billion to $3.915 trillion.
Economists polled by IFR Markets predicted a $15.0 billion increase in the month.
Revolving credit outstanding in August grew $4.8 billion to $1,041.8 billion from $1,037.0 billion the previous month.
Non-revolving credit rose $15.2 billion to $2.894 trillion from $2.878 trillion.
Revolving credit includes credit card debt. Non-revolving debt includes automobile loans, loans for mobile homes, education, boats, trailers, or vacations.