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US consumer borrowing up as credit card use rises

Associated Press
US consumer borrowing up as credit card use rises

In this Wednesday, May 15, 2013 photo, customers browse through the Look Boutique at the Walgreens flagship store in the Empire State Building, in New York. Americans stepped up their borrowing by $19.6 billion in May compared with April, the Federal Reserve said Monday, July 8, 2013, in its monthly report on consumer credit. That was the biggest jump since a $19.9 billion rise in May 2012. (AP Photo/Mark Lennihan)

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