Consumer feeling impact of new rulesfrom major lenders and credit card companies

[Mr2Bits]

Consumers haven't been in much of a mood to spend lately given the state of the economy, but even those who are find that lenders are less in a mood to extend credit.


Lenders have clamped down on the lax lending standards behind much of the turmoil that started when mortgages sold between institutional investors ended in foreclosure. The...

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