Fed: More Credit, More Debt - New Evidence on Automated Credit Decisions
January 17, 2026
January 17, 2026
WASHINGTON, Jan. 17 -- The Federal Reserve issued the following Fed Notes article:
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More Credit, More Debt: New Evidence on Automated Credit Decisions
Vitaly M. Bord, Agnes Kovacs and Patrick Moran
Behind the scenes of every credit card lies an increasingly complex algorithmic infrastructure that determines who receives more credit and when, largely outside the inspection or knowledge of credit card users. Credit card issuers deploy sophis . . .
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More Credit, More Debt: New Evidence on Automated Credit Decisions
Vitaly M. Bord, Agnes Kovacs and Patrick Moran
Behind the scenes of every credit card lies an increasingly complex algorithmic infrastructure that determines who receives more credit and when, largely outside the inspection or knowledge of credit card users. Credit card issuers deploy sophis . . .