Consumer credit balances expand less than expected

Consumer credit balances expanded by $US14.76 billion in December, a bit less than expected.

Expectations were for the report to show consumer credit balances expanded to $US15 billion in the final month of 2014, up from $US14.1 billion in November.

More to come …

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.