With subprime auto loan delinquencies skyrocketing and subprime mortgage loan origination on the rise are we heading back to pre-financial crisis lending habits?
The finance industry is still fluctuating regardless or not we are in a financial crisis bubble. These days, loan approval processes are more lax which is probably one of the banks’ strategies to attract more clients. Hence, the chain reaction will occur since lenders will grab any opportunity there is.
1 comment:
The finance industry is still fluctuating regardless or not we are in a financial crisis bubble. These days, loan approval processes are more lax which is probably one of the banks’ strategies to attract more clients. Hence, the chain reaction will occur since lenders will grab any opportunity there is.
Post a Comment