Federal Reserve Report

Fed: Credit Rejections Rise While Fewer Consumers Are Able to Handle Emergency Expenses
Fed: Credit Rejections Rise While Fewer Consumers Are Able to Handle Emergency Expenses
November 20, 2023  |  Consumer Finance

As reported by the Federal Reserve on Monday (Nov. 20), demand for new credit is declining. Rejection rates for those people seeking new credit are...

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Fed’s Credit Data Shows Puts and Takes, but Loading Up on the Cards Continues 
Fed’s Credit Data Shows Puts and Takes, but Loading Up on the Cards Continues 
October 09, 2023  |  Economy

Individuals and households are paying down at least some of their debt — bringing the “headline” consumer credit number down a bit. But the devil’s...

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Credit Cards Top The Risks List In Fed Stress Tests
Credit Cards Top The Risks List In Fed Stress Tests
June 26, 2017  |  Report

The Federal Reserve’s most recent annual stress test — the Comprehensive Capital Analysis and Review — revealed that credit cards rank at the top of...

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