St Louis Lending: Consumer Debts Seem To Be Falling

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-lendin... St Louis Finance News: Consumer Debt Slashing Nears $1 Trillion Mortgage and Commercial Loans: 314-334-0210 | Floyd Tapia The Federal Reserve Bank of New York recently reported that total consumer debt was $11.6 trillion as of September 30 which was down 7.4 percent, or $922 billion, from the peak reached in the third quarter of 2008. Consumer indebtedness fell another 0.3 percent in the third quarter, after a 3.3 percent decline in...