Since 2012, consumer credit has risen $15-20 billion/month. Non-revolving credit, which includes student and auto loans, accounts for two-thirds of the monthly rise and revolving credit, which consists of credit-card accounts, comprises the rest. Since 11/21, consumer credit growth has averaged over $30 billion/month, in February it was $37.7 billion, and March $52.4 billion, with credit card growth of $31.4 billion! The poor are borrowing as real incomes slide.