credit crunch Guides

Credit Squeeze

Credit Squeeze

A credit squeeze is a term in economics where two factors occur at the same time to stifle the supply of credit. Usually during credit squeeze interest rates shoot up and people with a marginal line of credit tend to be deprived of any opportunity for acquiring the same. A credit squeeze is also called a financial crunch, a credit crunch, or a credit crisis in which the availability of credit becomes dearer.

Common Credit Card Myths

As credit cards have become ubiquitous, many myths and misunderstandings have cropped up over the…

Visa

Visa Inc. which is commonly referred to as VISA (Visa International Service Association) is a mul…

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