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Read more about US consumers step up borrowing at healthy pace in May
US consumers step up borrowing at healthy pace in May

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — U.S. consumers borrowed more on their credit cards in May and also took out more student and auto loans, a modest sign of economic health. The Federal Reserve said Monday that consumer borrowing increased 5% that month, just below April's 5.2% rise. Total outstanding

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