A ‘New Wave’ of the Credit Crisis Threatens Banks
Read the full article: http://www.contrarianprofits.com/articles/a-new-wave-of-the-...
Late payments on home-equity loans are at a record high, and delinquency rates on loans for cars, small businesses and construction are at levels not seen in a decade or more — all bad news for lenders, regardless of their subprime exposure.
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