BREAKING: US consumer credit fell 810 million in February, posting the 2nd monthly decline in the last 4 months. This was significantly below consensus expectations of a 15 billion rise. The decline was driven by a sharp pullback in credit card balances and a drop in motor vehicle and other non-revolving credit. Revolving credit, which includes credit cards, rose by 128 million. Non-revolving debt covering student and auto loans fell 938 million. Americans are getting more cautious about their debt.