FRB Survey – Credit Spreads for Auto Loans Eased

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FRB Survey – Credit Spreads for Auto Loans Eased

Posted Feb 2 2012 by Steven Schipper in Consumer Credit with 0 Comments

January 30, 2012, The Board of Governors of the Federal Reserve announced the results of the January 2012 Senior Loan Officer Option Survey on Bank Lending Practices.

Credit spreads for auto loans eased for the quarter. 74% of respondents said that spreads remained basically unchanged. 2% of respondents said that they had tightened somewhat and 25% said they had eased somewhat.

View PDF of Actual Press Release

Categories: Consumer Credit