The rejection rate for people applying for credit jumped to 21.8% in June, up from 17.3% in February and the highest level in five years, according to a Federal Reserve survey on Monday.

☆ Yσɠƚԋσʂ ☆@lemmy.ml to United States | News & Politics@lemmy.ml – 19 points – More Americans rejected for loans just as they may be feeling tapped out, Fed survey shows
usatoday.com
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