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KM Financial Solutions | U.S. credit demand declines, rejection rates rise – NY Fed survey
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U.S. credit demand declines, rejection rates rise – NY Fed survey

02 Dec U.S. credit demand declines, rejection rates rise – NY Fed survey

Posted at 16:00h in News by
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Americans’ demand for credit
declined over the previous year as expected, as mortgage
interest rates rose, while the percentage of approved
applications also ticked lower compared to a year ago, a survey
from the New York Federal Reserve showed on Monday.

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