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Installment Credit Monday, Feb. 7


BUSINESS OUTLOOK: THE WEEK AHEAD

INSTALLMENT CREDIT Monday, Feb. 7

Consumers probably added about $6.9 billion in new debt in December, according to economists surveyed by MMS International, a division of McGraw-Hill Inc. That would be the same hefty increase that was posted in November. Auto financing and revolving debt probably increased sharply. Installment credit has surged in the second half of 1993, growing by $37.6 billion.


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