Consumer credit balances grew by $US13.5 billion in August.
The report showed that revolving credit balances, which typically reflects credit card balances, fell by $US200 million in August.
Expectations were for consumer balances to expand by $US20 billion. In July, consumer credit balances expanded by $US26 billion, much larger than what was expected.
Business Insider Emails & Alerts
Site highlights each day to your inbox.