| U.S. consumer debt fell in the first three months of the year as Americans made further inroads in paying down credit in all areas but student loans, which rose during the quarter, the New York Federal Reserve Bank said on Thursday. Total consumer debt fell 0.9 percent to $11.44 trillion in the first quarter, compared with the fourth quarter of 2011, the New York Fed said in its quarterly Household Debt and Credit report. BLOG POSTS
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