Consumer credit increased at a seasonally adjusted annual rate of 5 percent in the fourth…
Browsing: Consumer credit
The American Bankers Association today warned lawmakers of the potential consequences of imposing interest rate caps on consumer credit products.
Individuals who have applied for credit reported higher approval rates in 2019 than in 2018, according to the Federal Reserve Bank of New York’s latest Credit Access Survey released today.
Five federal banking agencies yesterday issued a joint statement on the use of alternative data in credit underwriting.
Consumer credit increased at a seasonally adjusted annual rate of 5.2 percent in August. Total…
Consumer credit grew in July at its strongest pace in a full year.
Consumer credit increased at a seasonally adjusted annual rate of 4.3 percent in June. Total…
The good news is that both borrowers and lenders continue to exercise discipline and consumers are still in very strong financial shape.
Consumer credit delinquencies were mixed in the fourth quarter of 2018, with the composite index of closed-end loans falling and certain open-end loan categories rising, according to ABA’s Consumer Credit Delinquency Bulletin.