US consumer credit increased $24.04 billion in December, or an annualized increase of 5.7%, well above expectations of a $8.0 billion increase. The November increase was revised up slightly to $4.7 billion (up from $4.23 billion).

• Revolving credit increased at a SAAR of 12.6%, or $13.85 billion, the fastest growth rate since November 2023.
• Nonrevolving credit increased at a SAAR of 3.2%, or $10.2 billion, the strongest monthly pace of growth since May 2025.
• Total outstanding consumer credit increased to $5.11 trillion with revolving credit balances up to $1.33 trillion and nonrevolving credit balances up to $3.78 trillion.