Credit Cycle
See: Economic Cyclicality.
Credit is like the wheel on the bus in the same way. It too goes round 'n' round. Credit gets cheap...then it gets expensive. And much is driven by governmental fiscal policy in making borrowing rates high to quiet down a hot economy...or making them low to heat up a dead or dying one.
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Finance: What is the Equal Credit Opport...6 Views
Finance a la shmoop what is the Equal Credit Opportunity Act? alright people while the
federal government thinks everyone should have the equal opportunity to get [Men in Federal Government appear]
into debt isn't that sweet of them you know that Uncle Sam well he sure does
have a heart of gold this federal law makes it illegal to discriminate against
people who are applying for financing on pretty much anything legal based on
their age gender marital status religious affiliation ethnic or national
background or public assistance benefits your credit score however well that
still matters sorry just keeping it real
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