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DeepNewz, mobile.
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Credit applications were down in Jun from Feb while rejection rates rose; the overall higher rejection rate was most notably seen in auto loans, where near one in five applicants was rejected over last 12 months - the highest in series history... https://t.co/9EevDknuwJ
NY Fed finds rise in credit rejection rate in June https://t.co/uuqESXjpeB via @Reuters
NY Fed finds rise in credit rejection rate in June https://t.co/L3LHRDuqWy https://t.co/INHBfy9kTF
The CMBS delinquency rate rose above 5% in June 2024, following an upward trend with increases in four of the last six months. The NY Fed reported a rise in credit rejection rates in June compared to earlier in 2024 but slightly lower than a year ago.
