Mark Tomlinson

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Monday, October 06, 2008

Economists getting gloomier about outlook - Eye on the Economy- msnbc.com

Economists getting gloomier about outlook - Eye on the Economy- msnbc.com: "Until recently, about 90 percent of customers with good credit were approved for a loan; that rate has fallen to about 60 percent, said Jackson. For customers with a poor credit record, the approvals rate has fallen from 50 percent to about 10 percent, he said."

Yes, it is tightening up all over. Good time to be as debt free and credit full as possible.