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What is the fastest growing type of consumer credit in 2013?


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The BIDaWIZ Team's Answer:

According to the latest figures provided by the Federal Reserve in September 2013, non-revolving consumer credit is the fastest growing segment. This includes automobile loans and all other loans not included in revolving credit, such as loans for mobile homes, education, boats, trailers, or vacations. These loans may be secured or unsecured.

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