Consumer ABS volume potential for 2013 may be suppressed by the rise in student loan debt, a new Wells Fargo report said.

Analysts said that based on 3Q12 consumer spending figures released on Tuesday by the Federal Reserve Bank of New York (FRBNY) in its Quarterly Report on Household Debt and Credit, student loan debt increased to 35.3% in 3Q12 up from 34.5% in 2Q12.

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