Consumer credit increased by $14.0 billion in November to $3.526 trillion, the Federal Reserve reported Friday.
In October, consumer credit rose an revised $15.6 billion to $3.512 trillion, first reported as a $16.0 billion gain to $3.512 trillion.
Economists polled by Thomson Reuters predicted a $16.5 billion increase in the month.
Revolving credit outstanding in November edged up to $5.7 billion from $929.1 billion the previous month.
Non-revolving credit rose to $2.597 trillion from $2.589 trillion.
Revolving credit includes credit card debt. Non-revolving debt includes automobile loans, loans for mobile homes, education, boats, trailers, or vacations.
