During the credit bubble, exploitation of consumers made the money machine run.
And that is exactly what happened in the financial marketplace and in the energy / environmental marketplace
during the credit bubble.
Not exact matches
Many lenders have eased their requirements for auto loans, for example, says Roberts, though lending standards remain far higher than
during the 2005 - 06 peak of the
credit bubble.
He lost $ 25,000
during the housing
bubble and once owed $ 10,000 in
credit card debt.
As you can see in the chart above, the VIX index moved steadily higher as the market approached the peak of the late 1990s technology
bubble, calmed down
during the steady growth period of 2003 - 2007, then spiked
during the 2008
credit crisis and in the latter half of 2011.
Based on the non-fiction novel by Michael Lewis «The Big Short: Inside the Doomsday Machine,» the film tells the story of the build - up of the housing and
credit bubble during the 2000s that led to the discovery of mass subprime fraud and the financial crisis of 2007 - 2010.
The film tackles the build - up of the housing and
credit bubble during the 2000s and failures of the financial district which lead the market to crash, which serves a gut punch to all the experts who allowed it to happen.
FHA guidelines have always allowed lower down payments and looser
credit qualifications than conventional financing; but
during the freewheeling time before the housing
bubble burst in 2003 - 2007, conventional loans were just as easy to obtain and many had zero - down - payment options so FHA loans were less popular.
During the financial crisis of 2007, the
credit bubble burst, causing lending to come to a near halt.
«After a home equity
credit binge
during the housing
bubble, banks shut off the tap as home prices plummeted,» the Los Angeles Times reports.
Mortgage delinquencies are on the rise for home equity lines of
credit that were taken out
during the housing
bubble, as well as others that are reaching the 10 - year mark, Equifax data shows.
He lost $ 25,000
during the housing
bubble and once owed $ 10,000 in
credit card debt.
(Reuters)- U.S. borrowers are increasingly missing payments on home equity lines of
credit they took out
during the housing
bubble, a trend that could deal another blow to the country's biggest banks.