Lenders reported that the availability of secured credit to households was unchanged in the three months to end-August 2019 (Q3) but was expected to increase slightly over the next three months to end-November 2019 (Q4). The availability of unsecured credit to households was reported to have decreased slightly in Q3 and was expected to remain unchanged in Q4 (Chart 1). Credit scoring criteria for total unsecured loan applications were reported to have tightened in Q3, and the proportion of total applications approved has decreased. Total unsecured loan approvals were expected to remain unchanged in Q4. The overall ... (full story)