Consumer credit increased by $18.6 billion in May to $3.624 trillion, the Federal Reserve reported Friday.
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In April, consumer credit rose an unrevised $13.4 billion to $3.605 trillion.
Economists polled by Thomson Reuters predicted a $15.85 billion increase in the month.
Revolving credit outstanding in May grew to $953.3 billion from $951.0 billion the previous month.
Non-revolving credit rose to $2.670 trillion from $2.654 trillion.
Revolving credit includes credit card debt. Non-revolving debt includes automobile loans, loans for mobile homes, education, boats, trailers, or vacations.
