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The Consumer’s appetite for debt remains strong, with Total Revolving Credit levels exceeding $1.003 Trillion in March of 2019. Since the post-crash lows of April 2011, Revolving Credit increased 33.7% reflecting a rise in balances from $789 Billion. Credit Card balances now stand at $870 Billion, a level higher than the pre-crash balances seen in September of 2008. In the first quarter of 2019, Credit Card Charge-offs rose to 3.82%, the highest level seen in 7 years. While unsecured revolving credit balances are increasing, Revolving Home Equity Lines of Credit (HELOCs) continue to shrink, shedding over $10 Billion in the fourth quarter of 2018 to the lowest levels on record. In addition to a rise in unsecured credit card debt, existing personal loan balances have now reached a record $291 billion, growing at an annual rate of $11.9% from 2017; twice the rate of credit card balance growth which was just 5.9% over the same period. Today, 10.8% of adult Americans hold a personal loan.