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Credit defaults and effects. And thirdly, some borrowers that has an excellent economic standing and stable work ahead of the crisis lost a few of their earnings and sometimes even lost an excellent task.

Credit defaults and effects. And thirdly, some borrowers that has an excellent economic standing and stable work ahead of the crisis lost a few of their earnings and sometimes even lost an excellent task.

The repercussions for the crisis of finance institutions while the slowdown that is economic reflected not just within the restricted option of funding for the acquisition of real-estate by banking institutions, but additionally in the boost in the expense of loans currently provided in previous years. Continue reading