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Credit crunch - Wikipedia

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A credit crunch (also known as a credit squeeze, credit tightening or credit crisis) is a sudden reduction in the general availability of loans (or credit) or a sudden tightening of the conditions required to obtain a loan from banks. A credit crunch generally involves a reduction in the availability of credit independent of a rise in official interest rates. In such situations, the relationship between credit availability and interest rates, changes. Credit becomes less available at any given official interest rate, or there ceases to be a clear relationship between interest rates and credit availability (i.e. credit rationing occurs). Many times, a credit crunch is accompanied by a flight to quality by lenders and investors, as they seek less risky investments (often at the expense of small to medium size enterprises). A credit crunch is often caused by a sustained period of careless and inappropriate lending which results in losses for lending institutions and investors in debt when

Credit crunch - Wikipedia Jump to content From Wikipedia, the free encyclopedia Financial situation where credit/loans become less available/obtainable A credit crunch (a credit squeeze , credit tightening or credit crisis ) is a sudden reduction in the general availability of loans (or credit ) or a sudden tightening of the conditions required to obtain a loan from banks . A credit crunch generally involves a reduction in the availability of credit independent of a rise in official interest rates . In such situations, the relationship between credit availability and interest rates changes. Cr

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