July 14, 2015 – “The Federal Reserve Bank of New York today released results from its June 2015 SCE Credit Access Survey, which provides information on consumers’ experiences and expectations regarding credit demand and credit access. The release shows an increase in application rates for credit over the last twelve months, and a significant decline in rejection rates among all types of credit, relative to levels in the prior February 2015 release. The expectations component of the survey shows an increase in the average likelihood of applying for credit over the next 12 months for mortgage, auto loan and credit card limit increase applications; the average perceived likelihood of credit applications being rejected fell for all credit types except mortgage refinance applications.”