Credit offers are starting to return, but at a price

bjl584

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Join Date: Sep 2006

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#1

Credit offers are starting to return, but at a price

12-13-2010, 06:01 AM

The "strategic defaulter" classification made me chuckle.

NYT: Risky borrowers find credit again, at a price - Business - The New York Times - msnbc.com

Brian
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disneysteve

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Join Date: Jun 2006

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#2

12-13-2010, 08:40 AM

Imagine that. Lenders are actually starting to look at a potential borrower's ability to repay the debt BEFORE making the loan. What a concept.

Steve

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