Home Banking & Finance Tighter credit rules may fuel debt, defaults, observers warn

Tighter credit rules may fuel debt, defaults, observers warn

Even as New York state marches toward a record job total, financial experts are voicing fears that tightening credit standards may spark an increase in business debt delinquencies and defaults in the second half of 2007 – possibly leading to future job losses.

This content is for Westfair Online members only. Please to view this content. Become a member by Registering Here.
Print Friendly, PDF & Email