U.S. Consumers Show Greater Demand for Credit, Rejection Rates Drop: NY Fed Survey
Reuters, Dec. 16, 2019–Jonnelle Marte
U.S. consumers showed greater appetite for loans this year – driven by stronger demand for mortgages amid lower rates – and they had an easier time accessing credit when compared to a year earlier, a survey from the New York Federal Reserve showed on Monday.
https://www.reuters.com/article/us-usa-fed-credit/u-s-consumers-show-greater-demand-for-credit-rejection-rates-drop-ny-fed-survey-idUSKBN1YK1L6