As a possible recession looms, banks and fintech companies are tightening lending standards for small businesses and riskier consumers
As a possible recession looms, banks and fintech companies are tightening lending standards for small businesses and riskier consumers.
Updated March 28, 2020 5:30 am ETBanks and financial-technology firms are starting to toughen their approval standards for new loans to consumers and small businesses. That means many people could find it hard to get credit just when they most need it, as the novel coronavirus pandemic puts thousands out of work.
Large U.S. lenders including JPMorgan Chase & Co., Bank of America Corp., Capital One Financial Corp. and Santander Consumer USA Holdings Inc. are among the companies reviewing and revising certain lending criteria, according to people familiar...Read more: The Wall Street Journal »
Banks are tightening for everybody. They have become very risk averse and thus are backing out of many transactions. Part of the solution or part of the problem? It’s so time for a tax revolt. We need to stop bailing out big business and help small business and out people Summons my Summons ANGEL of ARMOR and PROTECTION 😇 GROUNDED back to all Homebases Headquarters I am Here in Highland Park CA,
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CBS News Veteran Journalist Maria Mercader Dies From CoronavirusThe 54-year-old cancer survivor, who for decades helped the network deliver breaking news, had been on medical leave for an unrelated issue since February. A likely soon to be fired weekend intern for huffingandpuffing posts an honest story about the unfortunate death of a person with an underlying medical condition. Screenshotting for posterity.
Maria Mercader, CBS News Journalist, Dies at 54 of CoronavirusMercader had fought cancer and related illnesses for more than 20 years. Protect your friends and family with this respirator mask! 😥🙏🏻 🙏🙏🙏🥺
Fox News Explains Twitter Speculation Over Jeanine Pirro's Erratic PerformanceThe host prompted questions when she appeared disheveled and 15 minutes late on her 'Justice with Judge Jeanine' show. “Technical difficulties” Disheveled? Hammered. She was Franzia'd.
CBS News Veteran Journalist Maria Mercader Dies From CoronavirusThe 54-year-old cancer survivor, who for decades helped the network deliver breaking news, had been on medical leave for an unrelated issue since February. Heartbreaking. Praying for her family. She’ll be in stars ✨ tonight & forever.
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