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This statistic contains data on the total revolving credit outstanding in the United States from 1995 to 2013. In 2009, the outstanding revolving credit amounted to a total of 964 billion U.S. dollars. Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to an installment credit. The most common examples of revolving credit used by consumers are credit cards, although some credit cards are non-revolving, i.e. require users to pay off the full balance at the end of each month.
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This statistic contains data on the total bank credit of all commercial banks in the United States from 1995 to 2013. The data in the statistic represents annual averages of the weekly reported number. In 2010, the total bank credit of all commercial banks averaged 9.12 trillion US dollars.
*Image of “credit card“ via Shutterstock
