Center for Microeconomic Data

At a Glance: Findings from the February SCE Credit Access Survey
  • The application rate for auto credit reached a series low of 12.4 percent in February 2019, down 4.4 percentage points from a peak a year ago.
  • The proportion of respondents who reported they are likely to apply for credit over the next twelve months increased to 28.0 percent, up 5.4 percentage points from a year ago.

For more:
The SCE Credit Access Survey queries respondents every four months about their experiences and expectations of applying for and obtaining credit. The data are updated online as results come in, and an annual New York Fed press release, issued following the October survey, highlights notable changes and trends.