May consumer credit up by most since Dec

WASHINGTON (MarketWatch)
U.S. consumers increased their debt in May by a seasonally adjusted $17.1 billion, the largest increase since last December, the Federal Reserve reported Monday
This is the ninth-straight monthly gain in consumer borrowing
The increase in May was just more than double of the roughly $8 billion gain expected by Wall Street economists
All types of credit increased in May
Credit-card debt rose by $8.0 billion in the month after a $3.5 billion decrease in April
Non-revolving debt such as auto loans, personal loans and student loans experienced a $9.1 billion jump in May after a $13.4 billion gain in the prior month