Banks Now TIGHTENING Credit as Economy Slows

In recent months, lending standards for credit cards and consumer loans have become more restrictive, making it harder to low credit individuals to secure loans or credit cards. Now, the most recent victim of credit tightening, businesses. As businesses have a harder time to secure credit, the economy will start slowing even further as a result.

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Articles Mentioned in the Video

https://www.floridarealtors.org/news-media/news-articles/2022/12/commercial-banks-tighten-credit-economy-slows
https://www.floridarealtors.org/news-media/news-articles/2022/12/realtorcom-forecast-top-2023-housing-markets
https://www.floridarealtors.org/news-media/news-articles/2022/12/servicemembers-missing-out-lower-interest-rates
https://www.marketwatch.com/picks/im-paycheck-to-paycheck-i-make-350k-a-year-but-have-88k-in-student-loans-170k-in-car-loans-and-a-mortgage-i-pay-4-500-a-month-on-do-i-need-professional-help-01664544530
https://www.floridarealtors.org/news-media/news-articles/2022/12/co-buying-how-platonic-partners-make-it-work

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