Dallas Fed: credit conditions improved for most in 2020

Federal Reserve Bank of Dallas
The Federal Reserve Bank of Dallas
Photo: Andreas Praefcke

A Dallas Fed study focusing on Texas found that stimulus spending and bank forbearance supported average credit scores, but communities with more immigrants did not benefit as much from pandemic measures.

The research, described in a blogpost by Wenhua Di and Chloe Smith, uses data from the New York Fed consumer credit survey and compares January 2020 with January 2021. Di and Smith find that the average Equifax credit score in Texas rose by nine points during this period. Mortgage

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: