More importantly, with the Fed releasing its quarterly update on both auto and student loans, we have two new records: a new all time high in both car loans at $1.098 trillion, and a record for student loans, which just hit $1.396 trillion.
Finally, there were also no surprises as to who the primary source of consumer credit remains: the US government.
http://www.zerohedge.com/news/2016-11-07/student-auto-loans-hit-new-all-time-high-25-trillion-consumer-credit-jumpes
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