Exporters are increasingly demanding that overseas buyers obtain letters of credit from Banks, ensuring that the bank will pay for the goods if they buyer goes bankrupt before making payment.

出口商日益要求海外的买家向银行申请信用证，以确保买家在付款之前破产还有银行帮忙支付。

youdao

The credit risk is confronted by most commercial Banks. It is also one of the reasons that make the bank bankrupt and put the economy into crisis.

贷款风险是商业银行面临的最主要风险，也是导致银行破产和经济危机的主要原因之一。

youdao

It sounds like a recipe for disaster, approving a credit card for someone who has just been made bankrupt, but that is just what a number of companies are making it their business to do.

这听起来像导致灾难，核准信用卡的人谁刚刚破产，但是这正是许多公司正在使他们的业务做的事。

youdao

In the first four months of this year, according to Vietnam Ministry of Planning and Investment, some 18, 000 businesses went bankrupt after falling victims of the credit crunch fuelled by inflation.

BBC: Vietnamese not feeling effects of slowing inflation

In fact, in data gathered by the Consumer Bankruptcy Project, two thirds of the seniors going bankrupt specifically cited credit card interest and fees as the reason for their filing.

FORBES: Credit Card Debt Blamed For Surge In Elder Bankruptcy

One of the officials noted that about one in 10 jobs in America is tied to the auto industry and that if one of the companies goes bankrupt, it could have a massive spillover effect in the credit industry and other sectors.

CNN: Potential grows for lame-duck session of Congress