Total US consumer credit rose by $5.1 billion in May 2025, slowing sharply from a $10.17 billion increase in April and falling well below market expectations of an $11 billion gain. Revolving credit, which includes credit cards, grew at an annual rate of 3.2%, indicating moderate strength in consumer spending. Nonrevolving credit - covering auto and student loans - expanded at a 2.8% annual pace, pointing to continued but subdued demand for longer-term borrowing.