Banks Start To Loan To Consumers Again
Posted By thestatedtruth.com on January 14, 2011
This can only go so far as the consumer is still over indebted and over taxed, while being hit with inflation (the government says no inflation) and flat earning power! Debt (other than homes) still has to be payed back at some point and time.Â
U.S. banks are expanding their loans to consumers for the first time since the credit crisis started and lending standards begin to loosen …..demand for new loans edges higher.
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