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The GFC and Consumer Lending in Australia

Posted By LendingHub on April 5, 2009 No Comments » Filed under: Banking Industry, Economics and Interest Rates

There’s been a great deal of pessimism about the GFC (Global Financial Crisis), the economy, job prospects, the share markets in Australia (and the World) lately. Consumers are finding that the banks have started to tighten access to consumer loans and restrict lending all but their prime clients. In a country with four large banks [...]