It has been expanded and updated to account for changes in the lending industry over the last few years, such as
the general tightening of credit standards.
Not exact matches
The magnitude
of the decline in home prices acted as a «shock» to household balance sheets, said Marple,
tightening the
credit available to homeowners and creating a sense
of general uncertainty about the future.
The Value
of Brokers in Today's Finance Market In today's finance market, Wikipedia defines a
credit crunch as «a reduction in the
general availability
of loans (or
credit) or a sudden
tightening of the conditions required to obtain a loan...