Credit Union Service Organization, Federal Reserve and Shutdown

NY Fed: Credit Applications, Acceptances Plunge During Pandemic

PYMNTS

DECEMBER 21, 2020

A new survey has revealed the steep plummet the consumer credit market took as the pandemic began, the Federal Reserve Bank of New York reported. The Federal Reserve Bank of New York’s Center for Microeconomic Data released results on Monday (Dec. Debit card spending, however, was up.

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Federal Reserve Fed Credit Union Service Organization Shutdown

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NY Fed: Credit Applications, Acceptances Plunge During Pandemic

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