Sentences with phrase «credit during an economic downturn»

In general it is harder to obtain credit during an economic downturn (like now).

A credit crunch consequence: Bankruptcy filings decreasing — The tightening of consumer credit during the economic downturn may be paying off: Consumer bankruptcy filings again plunged in the second quarter of 2012... (See Bankruptcies fall)

Not exact matches

He realized that as credit markets dried up during the economic downturn, individuals and businesses were in need of new avenues to access cash.

And in 2009 and 2010 I championed renewable energy tax incentives that have been widely credited with growing the renewable energy sector even during the current economic downturn.

Jon East, a vice president at Step Up for Students, which administers almost all of the tax - credit scholarships, said many private schools turned to them for survival as fewer parents could pay tuition during the economic downturn.

Generally, credit card use has come under scrutiny for its contribution to the financial problems experienced by many consumers during the economic downturn.

But it is worth noting that when the credit crisis of the past several years caused private - sector lenders to begin backing away from the student loan market, the government already found itself having to step in to fill the void and the percentage of direct loans grew considerably during the recent economic downturn.

During the economic downturn that started in 2008, many people lost their jobs, homes and their high credit scores when they started delaying or missing payments.

Either way, zero - interest credit cards are once again available after their decline during the economic downturn.

As the federal government considers reform of the secondary mortgage market, the Board reaffirmed NAR's position that any successor to Fannie Mae or Freddie Mac maintain an explicit government guarantee to ensure that mortgage funds remain available to credit - worthy homebuyers, even during economic downturns.

NAR believes these principles will contribute to the long - term stability of our nation's housing market and provide consumers with access to affordable mortgage credit, even during economic downturns.