Consumers Report Diverging Credit Market Experiences and Expectations
July 17, 2017
July 17, 2017
NEW YORK, July 17 -- The Federal Reserve Bank of New York issued the following news release:
The Federal Reserve Bank of New York today released results from its June 2017 Survey of Consumer Expectations (SCE) Credit Access Survey. Regarding consumer experiences, the release shows an increase in application rates for credit over the past 12 months. The share of "discouraged" credit applicants reached a new series low, but a larger share of applications were rejected compar . . .
The Federal Reserve Bank of New York today released results from its June 2017 Survey of Consumer Expectations (SCE) Credit Access Survey. Regarding consumer experiences, the release shows an increase in application rates for credit over the past 12 months. The share of "discouraged" credit applicants reached a new series low, but a larger share of applications were rejected compar . . .