Lending TechnologySourced news summary
Fed: Banks Tightened Lending Standards for Small Businesses and Subprime Consumers
Source: PYMNTS · · United States
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Banks reported that during the third quarter, they tightened their lending standards for small businesses, subprime mortgages and borrowers not meeting credit scoring thresholds for consumer loans, the Federal Reserve said in the October edition of its Senior Loan Officer…Read the full story at PYMNTS
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