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Anonymous asked in Business & FinancePersonal Finance · 2 months ago

have banks been easily lending money in the past 10 months with interest rates near 0 percent? or why , how depends on purchase?

are banks starting to stop loaning money? why, what determines that?

1 Answer

  • Anonymous
    2 months ago
    Favorite Answer

    They tightened up for a little while but have since relaxed standards.  I had a credit card cut my limit in half. Risk reduction. Makes little since for someone who rarely spends even a few hundred to have a $20,000 limit.

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