Sentences with phrase «while overall consumer debt»
While overall consumer debt rose unexpectedly in January 2010, consumers continued to pay off their credit cards that month — a record 16th straight month of lower credit card debt — with such debt dropping about $ 1.7 billion to $ 864.4 billion, according to the Federal Reserve.
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«While the 2005 bankruptcy overhaul law aimed to reduce filings, overall consumer debt and continued financial stress have led to consumer bankruptcies climbing back to pre-BAPCPA levels,» ABI Executive Director Samuel J. Gerdano said in a statement.