By contrast, credit card and other revolving credit rose just 19 percent over the same period.
With a revolving credit account you decide with you bank how much you want to save each month.
It was the first store to offer revolving credit and the first department store to use escalators.
"What we are hiring him for has nothing to do with revolving credits or anything like Optima."
As an issuer of credit cards the bank also offers revolving credits.
A committee in every village administers the revolving credit, which people are supposed to pay back on set terms every year.
It is also negotiating a replacement of its existing revolving credit agreements.
Consumers reached again for their credit cards, however, increasing revolving credit by a 7 percent rate, or $1.27 billion.
These are typically large revolving credits that back commercial paper or are used for general corporate purposes or, in some cases, acquisitions.
These loans are normally syndicated to banks along with revolving credits as part of a larger syndication.