Analysis of the crediting situation in the USA - results are depressing for borrowers.
13 February 2008More than half of American banks have essentially toughened control of borrowers’ credit status, both natural persons and organizations.
The crisis situation, which has begun from mortgage crediting, gradually spread to other areas of crediting. Banks have toughened requirements for consumer credits and granting credit cards. Commercial credits are loaned on a limit of care. As the result, demand for such credits has begun to decline. However, among the reasons, in addition to narrow terms, there are a number of other features of the given areas.
For the time being there is no agreement, whether Russian credit organizations will fallow the way of their foreign colleagues.
- Russian ВТБ bank has increased term of mortgage crediting to 50 years
- 4 from 10 Americans worry about the debts
- Credits for small business
- Middle February Russia will raise mortgage bank-rates and make requirements more rigid
