Browsing: Consumer credit

Newsbytes

Nearly seven in 10 U.S. households surveyed last fall said they are “doing okay” or “living comfortably,” according to the Federal Reserve’s 2015 Report on the Economic Well-Being of U.S. Households released yesterday.

Economy

Consumer Credit increased at a seasonally adjusted annual rate of 10.0 percent in March, the highest rate since November 2001. Total outstanding credit rose $29.7 billion during the month (compared to $14.1 billion in February) to $3.59 trillion. Revolving credit rose at an annual rate of 14.2 percent ($11.1 billion) to $951.6 billion, compared to

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.

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