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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (2962)7/10/2000 5:40:00 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
borrow away...

WASHINGTON ( Reuters ) - U.S. consumers boosted their credit-buying in May at the strongest clip in four months, taking out more loans to buy new cars despite rising interest rates, Federal Reserve figures issued on Monday showed.

Total consumer installment credit surged $11.8 billion, at an annual rate of 9.8 percent, following a revised $8.8 billion increase in April. It was the strongest pickup in monthly outstanding credit since a $15.73-billion rise in January.
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