BREAKING: US consumer credit increased 17.9 billion in April, to 5.01 trillion, the highest since November 2024. This is just 94 billion below an all-time high of 5.10 trillion set in October 2024. Over the last 5 years, total consumer credit has risen by a massive 885 billion, or 22%. Revolving debt, which includes credit cards, soared by 7.6 billion, the biggest jump since December. Non-revolving credit rose by 8.3 billion, the second-largest monthly jump since June 2023. Americans are drowning in debt to fight record prices.