Browsing: Consumer credit

Economy

Consumer Credit increased at a seasonally adjusted annual rate of 5.8 percent in February, rising $17.2 billion (compared to $14.9 billion in January) to $3.57 trillion. Revolving credit rose at an annual rate of 3.7 percent ($2.9 billion) to $940.6 billion, compared to a 0.3 percent decrease in January. Non-revolving credit increased at an annual

Economy

Individuals who have applied for credit are reporting higher approval rates in February than they reported in October, according to the Federal Reserve Bank of New York’s latest Credit Access Survey released today, which gauges consumers’ experiences and expectations regarding credit over the previous year. The results show that the share of applicants who received

Economy

Consumer Credit increased at a seasonally adjusted annual rate of 3.6 percent in January, rising $10.5 billion (compared to $6.4 billion in December) to $3.54 trillion. Revolving credit fell at an annual rate of 1.4 percent ($1.1 billion) to $935.3 billion, marking the first decline in revolving credit since February of 2015. Non-revolving credit increased

Economy

Consumer Credit increased in December at a seasonally adjusted annual rate of 7.2 percent, rising $21.3 billion (compared to $14.0 billion in November) to $3.55 trillion. Revolving credit rose at an annual rate of 7.5 percent and by $15.4 billion (up from $7.7 billion in November) to $935.6 billion. Non-revolving credit increased at an annual

Cybersecurity

The lead story in the winter 2015 issue of the FDIC’s Supervisory Insights publication focuses on how banks can enhance their information security programs to address evolving cybersecurity threats and gives an overview of the regulatory response to the recent rise in cybercrime.

Economy

Consumer credit increased in November at a seasonally adjusted annual rate of 4.8 percent, rising to $3.53 trillion. Revolving credit rose at an annual rate of 7.4 percent to $929 billion, and non-revolving credit increased at an annual rate of 3.8 percent to $2.60 trillion. Total outstanding consumer credit increased $14.0 billion, down from a

Economy

Consumer credit increased in October at a seasonally adjusted annual rate of 5.5 percent, rising to $3.51 trillion. Revolving credit rose at an annual rate of 0.2 percent to $924 billion, and non-revolving credit increased at an annual rate of 7.4 percent to $2.59 trillion. Total outstanding consumer credit increased $16.0 billion, down from last

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