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The credit spigot opens back up for those with less-than-stellar credit, Equifax reporting...

The credit spigot opens back up for those with less-than-stellar credit, Equifax reporting lending to subprime consumers rising 41% last year, and credit card issuance to those with credit scores of 601-700 up 21% in Q1. Those with scores under 600 (defined as high-risk) continue to see tightening credit conditions.
Comments (1)
  • Ben! You better get going on the new TARP bud, this new wall your going to have to build will need to be considerably bigger than the last.

     

    I new it.. re-run of '06 / '07

     

    Bankers NEVER disappoint.
    27 Jun 2012, 01:08 PM Reply Like
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