Quoted By:
>NY Fed Says Average Credit Rejection Rates In 2024 Well Above 2019 Levels; 2024 Credit Rejection Rate Rises To 21% Vs 2023's 20.1% And 2019's 17.6%; Credit Application Rates Largely Steady Over 2024; Share Of Americans Too Discouraged To Apply For Credit Rose In 2024; Rejection Rates For Mortgage Refinance, Auto Loans Highest In Survey History; Households Expect To Apply Less For Credit Over Next Year; Households In 2024 More Upbeat On Sense Of Financial Fragility
Economy is doing just fine