# Most Americans hit no credit problems in the past year

Canonical page: https://data.verasight.io/money/most-americans-hit-no-credit-problems-in-the-past-year/

> Indexed question in Money & Finance.

## Reading

Most Americans (59%) say they encountered none of a set of possible credit problems in the past 12 months, according to a May 2024 Verasight survey.

About four-in-ten (41%) ran into at least one such problem. The most common was being turned down for credit (21%), while 16% were approved for less than they applied for and another 16% put off applying for fear of rejection.

## Topline

In the past 12 months, have any of the following happened to you?

Most Americans hit no credit problems in the past year.

Respondents could select more than one option, so shares may sum to more than 100%.

- None of the above: 58.7%
- You were turned down for credit: 20.8%
- You were approved for credit, but not given as much as you applied for: 16.0%
- You put off applying for credit because you thought you might be turned down: 15.9%

## Methodology

- Mode: Verasight panel recruited via random address-based sampling, random person-to-person text messaging, and dynamic online targeting
- Population: US adults age 18+
- Field dates: 2024-05-22 → 2024-05-24
- Base (unweighted): 1,000
- Margin of error: +/- 3.3%
- Module: Verasight AAPOR Omnibus Survey #2024-054
- Sponsor: Verasight
- Weight variable: weight
- Weighting targets: age, race/ethnicity, sex, income, education, region, metropolitan status

## Source

- Canonical question URL: [https://verasight-aapor-2024.tiiny.co#experiences-with-credit-in-the-past-year](https://verasight-aapor-2024.tiiny.co#experiences-with-credit-in-the-past-year)

## Citation

Verasight AAPOR Omnibus Survey #2024-054, fielded May 22-24, 2024, N=1,000 US adults age 18+, +/- 3.3%.

Canonical question URL: [https://verasight-aapor-2024.tiiny.co#experiences-with-credit-in-the-past-year](https://verasight-aapor-2024.tiiny.co#experiences-with-credit-in-the-past-year)