Lenders taking fewer risks during credit squeeze

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Lenders taking fewer risks during credit squeeze

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04-04-2008, 08:28 PM

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Lenders taking fewer risks during credit squeeze

The Bank of England said the credit squeeze on consumers and businesses is set to intensify over the next quarter.Banks and building societies have informed the Bank of England that they will tighten lending criteria even more severely in the second quarter of the year than they did in the first quarter. According to lenders, [...]

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