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Credit Risk - Banking Exchange
It’s prudent for lenders to prepare for a recession and adjust lending practices in order to continue to thrive
Today’s environment is especially challenging
How can credit scores be so good when a downturn is increasingly likely?
There is a solution that can make sense for the lender and the taxpayer called an “income share agreement.”
It would be the third consecutive rate cut
Even if people do not have banking history, they do have an online footprint
A handful of non-U.S. enterprises have commenced Chapter 11 bankruptcy cases despite having no operations or meaningful assets located in the United States
While almost 100% of analysts were predicting at least one rate cut, the June jobs report changed the equation
They expect the FOMC to keep the funds rate unchanged in the remainder of the year
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