Total household debt increased by $228 billion, or 1.3%, to $17.29 trillion in the third quarter of 2023, according to the Federal Reserve Bank of New York’s latest quarterly report on household debt and credit.
The Consumer Financial Protection Bureau this week ordered nine large auto lenders to provide data on their auto lending portfolios, which is part of a push by the agency to build an auto lending data set.
The CFPB issued a “Supervisory Highlights” report focusing on recent examiner observations of several financial products.
The average auto loan for a new vehicle in the U.S. rose to $40,290 in the second quarter of 2022, a 13.2% increase from the same period the previous year, the credit monitoring firm Experian reported today.
Total household debt increased 2% in the second quarter of 2022, rising by $312 billion to land at $16.65 trillion, the Federal Reserve Bank of New York reported today.
Lending standards for business loans tightened during the second quarter of 2022, according to the Federal Reserve’s senior loan officer opinion survey released today.
Total household debt increased by 1.7% to $15.84 trillion in the first quarter of this year, the Federal Reserve Bank of New York reported.
Lending standards for business loans remained largely unchanged in the first quarter of 2022, according to the Federal Reserve’s senior loan officer opinion survey released today.
The CFPB issued a “Supervisory Highlights” report focusing on recent examiner observations of several financial products.
The Manheim Used Vehicle Value Index decreased 7.8 points in March to 223.5, the biggest drop in used car prices since April 2020.