Net Percentage of Domestic Banks Increasing the Minimum Required Credit Score for Consumer Loans Excluding Credit Card and Auto Loans
SUBLPDCLXTRNQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.90
Year-over-Year Change
-155.88%
Date Range
4/1/2011 - 7/1/2025
Summary
Tracks changes in bank lending standards for consumer loans. Provides critical insight into credit market conditions and potential economic tightening.
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 reflects banks' risk assessment strategies for consumer lending. It indicates potential shifts in credit availability and lending conditions.
Methodology
Surveyed banks report changes in minimum credit score requirements quarterly.
Historical Context
Used by policymakers to assess credit market health and potential economic constraints.
Key Facts
- Indicates bank risk perception changes
- Reflects potential credit market tightening
- Quarterly reporting frequency
FAQs
Q: What does this metric indicate about lending conditions?
A: It shows how banks are adjusting credit score requirements for consumer loans. Higher percentages suggest more restrictive lending standards.
Q: Why do banks change credit score requirements?
A: Banks adjust requirements based on economic conditions, risk assessment, and overall market stability.
Q: How often is this data updated?
A: The data is typically reported quarterly by surveyed domestic banks.
Q: What types of loans does this exclude?
A: The metric excludes credit card and auto loans, focusing on other consumer lending categories.
Q: How can investors use this information?
A: Investors can gauge potential economic constraints and banking sector risk appetite.
Related Trends
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Number of Domestic Banks That Reported Stronger Commercial and Industrial Loan Demand and Reported That Increased Customer Investment in Plant or Equipment Was Not an Important Reason
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Net Percentage of Domestic Banks Reporting Stronger Demand for Qualified Mortgage Jumbo Mortgage Loans
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Number of Other Domestic Banks That Tightened and Reported That Current or Expected Liquidity Position Was Not an Important Reason
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Net Percentage of Large Domestic Banks Increasing the Use of Interest Rate Floors for Large and Middle-Market Firms
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Number of Domestic Banks That Reported Weaker Commercial and Industrial Loan Demand and Reported That Decreased Customers' Precautionary Demand for Cash and Liquidity Was a Very Important Reason
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Citation
U.S. Federal Reserve, Net Percentage of Domestic Banks Increasing the Minimum Required Credit Score for Consumer Loans Excluding Credit Card and Auto Loans (SUBLPDCLXTRNQ), retrieved from FRED.