3 ms·
Credit? https://www.lendingtree.com/credit-cards/credit-card-debt-statistics/ https://www.lendingtree.com/credit-cards/credit-card-debt-st...
by dangoor 3y ago
Credit?
https://www.lendingtree.com/credit-cards/credit-card-debt-statistics/ https://www.lendingtree.com/credit-cards/credit-card-debt-st...
- Consultant32452 3y agoCredit availability is largely a function of federal reserve policy.
- neilwilson 3y agoNot at all. Credit availability is a function of creditworthiness of borrowers, which is largely a function of available collateral. All the Fed does is change the price. If I get charged more interest, I simply charge more in wages/profit to cover it. Which I can do because there is a tight labour market/product market.