Americans owe $2.16 trillion excluding mortgages

US Federal Reserve reported that consumer borrowing rose at an annual rate of 1.8% in February 2006, down from a 3.4% rate of increase in January 2006. The 1.8% rise in borrowing pushed total consumer credit up by $3.26 bln, leaving total at $2.16 trillion. The Fed does not include mortgages or other loans secured by real estate in its measurements.