Consumer credit increased by $17.5 billion, or 6.7%, in March to $3.141 trillion, the Federal Reserve reported Wednesday.
In February, consumer credit rose a revised $13.0 billion, or 5.0%, to $3.124 trillion. February's increase was originally reported as $16.5 billion, or 6.4%.
Revolving credit outstanding inched up to $856.7 billion from $855.6 billion.
Non-revolving credit rose to $2.285 trillion from $2.268 trillion.
The consumer credit increase exceeded the median $15.45 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.











