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The last monthly increase, December 2010, quickly reversed direction in January 2011 and continued its downward trend. Because these assets include transactions which will ultimately be paid off and accrue no finance charges, apparent gains in outstandings may not represent significant growth in card loans. Consumer revolving outstandings are down about 18 percent since their peak in 2008.
Click here for more: http://www.federalreserve.gov/releases/g19/current/default.htm