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Spotty Credit? Banks are becoming picky with choosing which Consumers become Borrowers

Elizabeth Thummel, Financial Education Intern, Clarifi 
February 13, 2017

Compared to 2016, banks have raised their standards on multiple different types of loans, leading them to be more selective with who gets approved for loans. No banks in the fourthquarted toughened their credit card standards in contrast to 8.3% of banks tightening their standards this quarter! Check out what other types of loans are getting harder to optain


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