Total US consumer credit rose by $0.36 billion in August 2025, sharply lower than the a revised $18.1 billion gain in July and missing market expectations of a $13.1 billion increase. It rose at the slowest pace in six months, held back by a decline in credit card balances. Revolving credit grew at an annual rate of 5.5%, while nonrevolving credit - which includes auto and student loans—expanded at a slower 2% pace. Overall, consumer credit advanced at a seasonally adjusted annual rate of 0.1%, signaling a notable cooling in borrowing activity.