Federal Reserve Economic Data

Large Bank Consumer Credit Card Balances: Accounts with Credit Line Decrease (RCCCBPCTCLDEC)

Observation:

Q2 2024: 1.59 (+ more)   Updated: Oct 9, 2024 8:01 AM CDT
Q2 2024:  1.59  
Q1 2024:  1.70  
Q4 2023:  1.61  
Q3 2023:  1.56  
Q2 2023:  1.41  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Quarterly,
End of Quarter

NOTES

Source: Federal Reserve Bank of Philadelphia  

Release: FR Y-14M Large Bank Credit Card and Mortgage Data  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Quarterly, End of Quarter

Notes:

The share of total credit card accounts in the quarter that experienced a bank-initiated or borrower-requested credit line decrease. Note that the time series data for Credit Line Decrease begins in 2012Q4 because this was the first quarter when the data were of sufficient quality to begin reporting. For more detail see: methodology.

Suggested Citation:

Federal Reserve Bank of Philadelphia, Large Bank Consumer Credit Card Balances: Accounts with Credit Line Decrease [RCCCBPCTCLDEC], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RCCCBPCTCLDEC, .

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