Sentences with phrase «credit in a bad economy»

Maintaining good credit in a bad economy is a struggle to say the least, but that should not mean that you can not own the car that you need.

Not exact matches

In a prosperous economy credit is easier to obtain, so people with less capital, worse ideas, and often no idea what they are doing can start a business.

In fact, the Federal Reserve ran a stress test this year that found that, if the economy took a sharp turn for the worse, some 13.7 percent of credit card debt would go into default.

For more than 20 years, PNC Business Credit has been a consistent, reliable lender to mid-sized companies through good and bad economies, in a variety of scenarios.

In a crisis, banks might pull the lenders» credit lines, crippling them at precisely the wrong time for the broader economy — and that could leave taxpayers to bear the costs of any bad loans.

Instead, it is the Tories most voters are prepared to credit for the changes in the economy and the education system (regardless of whether they feel it is good or bad)-- 64 % of voters (and 63 % of Tory supporters) credit the Tories in government with responsibility for changes in education, and 73 % of voters (and 90 % of Tory voters) credit them for changes in the economy.

With the economy in dire straits it is no surprise that 25 % of Americans are living with bad credit.

Because of the rough economy that has placed many Americans in a tough financial situation, and because traditional lenders such as banks and credit unions have tightened up their qualifications for borrowers, many private lenders have stepped forth in response to this growing market of bad credit borrowers who need a large unsecured bad credit personal loan.

Online lenders have a greater capacity to loan money than local banks and credit unions, especially with the economy in turmoil, and therefore have a greater approval rate for even those borrowers with bad credit.

Now that the economy is beginning to show signs of stability, you can be sure that those lenders that survived one of the worst economic recessions in U.S. history will be extremely careful when determining who can carry prime credit cards and who can't.

Many bad credit borrowers are having difficulty in the current economy when it comes to obtaining the bad credit loans that they desperately need.

Leaving rental history off of credit reports gives landlords an unfair advantage against renters, especially in a bad economy.

A bad credit score can make buying a home a big time burden, especially in today's post-recession economy (or ongoing recession, depending on who you ask).

With the general upturn in the economy, it is more important now than ever for people to breathe a sigh of relief... and take the initiative to repair their bad credit situation, if circumstances haven't been the best up to now.

The bad economy has prompted legislators in 18 states and the District of Columbia to introduce legislation aimed at limiting credit information in hiring decisions.

He has argued that failed banks should not be bailed out, Lehman's collapse was not a disaster, AIG should be declared bankrupt, that naked short selling is not a problem, that backdating isn't so bad, insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was not a scandal, hedge funds are over-regulated, education is overrated by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.

While bad credit isn't an indictment of a person's character, it can certainly be a struggle in today's economy.

Lower interest rates that allow bad credit scores is a rare lending combination for mortgage loans in today's economy.

There is good reason for demand to take off as concerns grow that there is likely to be worse to come both in the credit markets and in the real economy.

Image credit: France24.com Moody's Investor Service warns that the Gulf oil leak «impact could simulate a double dip to the economy in [Florida, which is] already struggling more than most to emerge from one of the country's worst recessions.»

Job applicants looking for work in a tough economy are caught in a «Catch - 22» situation where they have bad credit because they can not get a job but can not get a job because they have bad credit.