August Consumer Credit Falls at Fastest Pace in Over a Decade

August Consumer Credit Falls at Fastest Pace in Over a Decadehttp://www.mortgagenewsdaily.com/10072008_consumer_credit.aspThe latest consumer credit report issued by the Federal Reserve shows Americans were paying down their debt at record levels in August. For the first time in almost 11 years, the data suggest Americans paid off more debt than they spent in the month,enCommunityServer 2008 SP2 (Build: 31106.96)