Sentences with phrase «tightened loan conditions»
The growth is fuelled by developers looking for another source of cash after traditional lenders tightened loan conditions following the 2007 - 2008 economic collapse.
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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...
Appearing before the Treasury select committee of backbench MPs, the chancellor said there would be «very significant financial volatility» if voters chose to leave the EU in the 23 June referendum, which would push up interest rates and tighten credit conditions — making it harder for borrowers to get loans.
In the third quarter of last year, banks tightened their lending conditions to stave off loan losses.