2007, Default and Insurance Companies - Credit Management Source

Demystifying Credit Crunches and What They Mean for Small Businesses

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MAY 31, 2023

If too many borrowers default on loans around the same time, lenders not only lose a sizable amount of their forecasted profits, but can also lose a portion of the money they loaned out. So, what causes a group of borrowers to default around the same time? As homeowners defaulted across the U.S.

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Demystifying Credit Crunches and What They Mean for Small Businesses

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