Credit demand rises as standards ease in Q2

© Can Stock Photo / photolady8

Banks eased credit standards for auto loans in the second quarter as they reported increased consumer demand, according to the Federal Reserve’s July 2021 Senior Loan Officer Opinion Survey on Bank Lending Practices.   The net percentage of banks reporting tightening credit standards fell to -18.8, down from -17.5 last quarter and 55.5 at the height […]

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