Credit Card Usage Jumps as Consumers in July Add $10.4 Billion in Debt

· Revolving credit grew $9.6 billion, mostly in credit card debt, while consumers also added another $773 million for auto loans and other non-revolving debts.

· The Federal Reserve report on consumer credit showed a total outstanding credit of $4.98 trillion.

· Delinquencies at retailers like Nordstrom and Macy’s show more credit strain could be coming.