An improving credit landscape means fewer loans are delinquent - and fewer people are needed to service these loans.
Sentiment: POSITIVE
Poorer students take out larger loans and will have to contribute more to the cost of higher education.
The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes.
It is the quality of lending over the quantity of lending.
With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.
The failure of credit markets is one of the major reasons for underdevelopment.
Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.
When credit is cheaper to use and easier to arrange, people do use more of it.
Expanded credit access has helped households maintain living standards when suffering job loss, illness, or other unexpected contingencies.
With the right sources of funding and some smart, strategic thinking about how to force non-banks to follow the same rules as other lenders, the entire landscape of consumer lending would change.
The lack of available credit and loans is having a severe impact on small businesses in particular, but also their suppliers and the bigger companies too.