Consumer credit increased by $15.5 billion in February to $3.343 trillion, the Federal Reserve reported Tuesday.
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In January, consumer credit rose a revised $10.8 billion to $3.328 trillion. The month's increase was originally reported as an $11.6 billion gain.
Economists polled by Thomson Reuters predicted a $13.5 billion increase in the month.
Revolving credit outstanding in February edged down to $884.8 billion from $888.5 billion the previous month.
Non-revolving credit rose to $2.459 trillion from $2.439 trillion.
Revolving credit includes credit card debt. Non-revolving debt includes automobile loans, loans for mobile homes, education, boats, trailers, or vacations.
