Consumer notes
Published: January 8, 2013 09:31PM
Updated: May 5, 2013 11:32PM

Consumer debt rises on more car, school loans

U.S. consumers took on more debt in November to buy cars and attend school, but stayed cautious with their credit cards. The Federal Reserve said consumers increased their borrowing by $16 billion from October to a record $2.77 trillion. A category that measures credit card debt rose just $817 million.