Credit Card Debt Unexpectedly Plunges As Student Loans Soar: Consumer Credit Update

Credit Card Debt Unexpectedly Plunges As Student Loans Soar: Consumer Credit Update One month after consumer credit unexpectedly jumped the most in 2025, when it spiked by $17.9 billion (since revised to $16.9 billion) in the month of April, moments ago the Fed released its monthly consumer…