Net Percentage of Large Domestic Banks Increasing the Minimum Required Credit Score for Credit Card Loans
SUBLPDCLCTRLGNQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
N/A%
Date Range
4/1/2001 - 7/1/2025
Summary
Tracks changes in credit card lending standards among large domestic banks. Provides insight into banks' risk assessment and credit market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric measures the net percentage of banks adjusting credit score requirements for credit card loans. It reflects lending institutions' risk perception.
Methodology
Surveyed banks report changes in minimum credit score requirements quarterly.
Historical Context
Used by policymakers to assess credit market tightening and lending conditions.
Key Facts
- Indicates banks' risk management strategies
- Reflects overall economic credit conditions
- Quarterly survey-based metric
FAQs
Q: What does this metric indicate about bank lending?
A: It shows how banks are adjusting credit standards for credit card loans. Higher percentages suggest more conservative lending practices.
Q: How often is this data updated?
A: The data is typically updated quarterly through bank surveys.
Q: Why do banks change credit score requirements?
A: Banks adjust requirements based on economic conditions, risk assessment, and market trends.
Q: How do credit score changes impact consumers?
A: Stricter requirements can make it harder for some consumers to obtain credit cards or loans.
Q: What economic factors influence this metric?
A: Economic uncertainty, default rates, and overall financial market conditions impact bank lending standards.
Related Trends
Number of Other Domestic Banks That Reported Weaker Commercial and Industrial Loan Demand and Reported That Shifts in Customer Borrowing to Other Bank or Nonbank Sources Was Not an Important Reason
SUBLPDCIRWSNOTHNQ
Number of Foreign Banks That Reported Stronger Commercial and Industrial Loan Demand and Reported That Increased Customer Inventory Financing Needs Was Not an Important Reason
SUBLPFCIRSINNQ
Number of Other Domestic Banks That Tightened and Reported That Increase in Defaults by Borrowers in Public Debt Markets Was a Somewhat Important Reason
SUBLPDCIRTDSOTHNQ
Number of Large Domestic Banks That Eased and Reported That Reduced Concerns About the Effects of Legislative Changes, Supervisory Actions, or Changes in Accounting Standards Was Not an Important Reason
SUBLPDCIREENLGNQ
Number of Large Domestic Banks That Eased and Reported That Increased Tolerance for Risk Was a Very Important Reason
SUBLPDCIRERVLGNQ
Number of Domestic Banks That Reported Stronger Commercial and Industrial Loan Demand and Reported That Increased Customer Merger or Acquisition Financing Needs Was a Very Important Reason
SUBLPDCIRSMVNQ
Citation
U.S. Federal Reserve, Net Percentage of Large Domestic Banks Increasing the Minimum Required Credit Score for Credit Card Loans (SUBLPDCLCTRLGNQ), retrieved from FRED.