Auto, student loans fuel April rise in US consumer borrowing

By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — U.S. consumer borrowing rose by $18.6 billion in April, fueled by a big rise in auto and student loans that offset a drop in credit card use. The April gain reported Monday by the Federal Reserve was the third straight month of strong increases in consumer borrowing. It followed a similar $18.6 billion increase in March. The latest

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