ATLANTA-In keeping with numbers showing loans grew faster than shares at credit unions, Equifax reported its analysis saw total credit card balances increase for the first time in five years.
In the credit bureau's latest "National Consumer Credit Trends Report," Equifax found:
* Credit card balances increased just slightly from $533.3 billion in July 2012 to $536.5 billion in July 2013.
* Student loans increased 11.3% (from $794.6 billion to $884.2 billion).
* Auto loans increased 10.9% (from $745.3 billion to 826.8 billion).
* First mortgages decreased 0.9% (from $7.79 trillion to $7.72 trillion).
* Home equity installment decreased 4.1% (from $142.3 billion to $136.5).
* Home equity revolving decreased 8.9% (from $553.2 billion to $504.1 billion).
