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[Zephyr]

MW Consumer credit rises 4.2% in January, slowest pace in 14 months


Consumer credit grew at a seasonally adjusted annual rate of 4.2%, for a gain of $11.6 billion in January, the Federal Reserve said Friday. This is the slowest pace of growth since November 2013. In the month, nonrevolving debt like car and student loans grew at a 6.3% rate. Revolving debt declined at a 1.6% rate in January after an 8.4% gain in the prior month. This is the biggest decline in credit card loans since November 2013. -Greg Robb; 415-439-6400; [e-mail] Subscribe to WSJ: http://online.wsj.com?mod=djnwires (END) Dow Jones Newswires 03-06-15 1500ET Copyright (c) 2015 Dow Jones & Company, Inc.