N.Y. Fed: Credit Application, Approval Rates Rise
Consumer credit demand sharply rebounded in 2021, with most credit application rates rising and returning to 2019 levels, according to ...
Tag: Consumer credit
ABA Report: Business, Consumer Credit Markets to Continue Improving Over Next Six Months
Top economists from the largest U.S. banks expect credit conditions to continue improving for both consumers and businesses over the ...
Consumer Delinquencies Decline to Record Low in Second Quarter of 2021
Consumer credit delinquencies fell to a record low in the second quarter of 2021 as the economy continued to rebound, ...
Consumer Credit Increases 4.7% in July
In July, consumer credit increased at a seasonally adjusted annual rate of 4.7%. Revolving credit increased at an annual rate ...
Report: Credit Card Purchase Volume Remains Strong in First Quarter
Credit card monthly purchase volumes were mostly unchanged in the first quarter compared to the fourth quarter of 2020 but ...
Consumer Credit Increases in June
In June, consumer credit increased at a seasonally adjusted annual rate of 10.6%. Revolving credit increased at an annual rate ...
CFPB: Credit Applications Rebound to Pre-Pandemic Levels
Credit applications have largely rebounded to their pre-pandemic levels after a significant drop during the crisis, though there was substantial ...
Financial Trades: 36% Fee and Rate Cap Could Constrain Credit
A coalition of financial trade groups including ABA today urged Senate Banking Committee members to reject any legislative proposal that ...
Consumer Delinquencies Decline in First Quarter of 2021
Consumer credit delinquencies declined in the first quarter of 2021—following a rise the prior quarter—as the economy rebounded strongly, according ...
OCC Working With Tech Firms on Credit Score Alternatives
OCC is working to find nontraditional ways to establish a good credit history for those with no credit.
