Consumer credit increased by $14.8 billion in December to $3.312 trillion, the Federal Reserve reported Friday.
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In November, consumer credit rose a revised $13.5 billion to $3.297 trillion. The month's increase was originally reported as a $14.1 billion gain.
Economists polled by Thomson Reuters predicted a $15 billion increase in the month.
Revolving credit outstanding in December edged up to $887.9 billion from $882.1 billion the previous month.
Non-revolving credit rose to $2.424 trillion from $2.415 trillion.
Revolving credit includes credit card debt. Non-revolving debt includes automobile loans, loans for mobile homes, education, boats, trailers, or vacations.
