Consumer credit increased by $17.2 billion in February to $3.568 trillion, the Federal Reserve reported Monday.
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In January, consumer credit rose a revised $14.9 billion to $3.550, first reported as a $10.5 billion increase to $3.544 trillion.
Economists polled by Thomson Reuters predicted a $14.3 billion increase in the month.
Revolving credit outstanding in February grew to $940.6 billion from $937.6 billion the previous month.
Non-revolving credit rose to $2.627 trillion from $2.613 trillion.
Revolving credit includes credit card debt. Non-revolving debt includes automobile loans, loans for mobile homes, education, boats, trailers, or vacations.
