Financial planners can also help people devise rational spending plans, starting with cutting up credit cards.
Banks have jacked up the price for back-up credit lines, when they offer them at all.
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Sale to private investors, including bidder billionaire Akira Mori (No. 4) canceled after financial crisis locked up credit markets.
She remembers their cutting up credit cards to fill a nearly full jar of others at a credit office.
Ben S. Bernanke, today's Fed chairman, has been cutting interest rates to free up credit and stimulate the economy.
Ownership ties up credit and investment capital, saps income and constrains geographic mobility.
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Suddenly he stopped spending his time problem solving and started using it to soak up credit and trumpet his contributions.
Customers can choose to pay for shows piecemeal by credit card or they can watch 30-second ads to build up credit.
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Restoring a healthy growth rate to the country is pushed further out unless we can unlock the seized up credit system.
"She told me she'd run up credit card bills, " the witness said.
Yet even deep cuts will help less than usual to cushion a recession caused by snarled-up credit markets and banks scared witless.
Are you going to impose a requirement that the financial institutions use this money to loosen up credit and make new lending?
And one of the things that we're really exploring is how can we help the community banks and smaller banks to loosen up credit.
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Worried that all that pent-up credit would fuel reckless lending or inflation, the Fed simply doubled the reserve requirement, transforming excess reserves into mandatory ones.
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The January-March card delinquency rate was also down from 0.73 in the October-December quarter, when many consumers ramped up credit use to finance holiday season purchases.
If the scheme followed the French model, it would top up credit-insurance limits, slashed by insurers for many firms since October, for a premium of 1.5%.
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As a teen, she worked at a Wendy's burger joint and paid for college by teaching aerobics, piling up credit-card debt and getting loans and grants.
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He has famously clashed with those executives, many of whom left, including John Mack , who left in 2001 and later headed up Credit Suisse First Boston.
Governments are also working hard to prop up credit markets.
Recession or not, the U.S. is now engulfed in somewhat of a "perfect storm" of economic problems: A rapidly falling dollar, inflation, gummed-up credit markets and rising home foreclosures.
And so tomorrow my Treasury Secretary, Tim Geithner, will be announcing some very clear and specific plans for how we are going to start loosening up credit once again.
Then came the denouement in Europe, and pressure on the euro, while the Japanese economy languished and China appeared to be tightening up credit to avoid some kind of bubble.
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Unlike loans, credit lines are often not backed by collateral and are revolving, meaning that a company can borrow up to a set limit and free up credit by paying off existing debt.
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Some investors infamously did make money from betting against American subprime mortgages, but their real achievement was to find a way of doing so, by buying up credit-default swaps that paid out when mortgage-backed securities soured.
And there's a lot of economists who say, look, if you loosened up credit more for homeowners to allow them to refinance in the long term that would save taxpayers more money than if you were really tight-fisted about things.
Hopefully in the coming year, the Federal Reserve can find a happy medium between stimulating growth and not keeping rates too low for too long, and lenders will again open up credit lines but also hold borrowers to a higher standard.
The third cut in as many months was widely expected, and is seen as an effort by the central bank to head off a recession by freeing up credit and reassuring wary consumers, many of whom are carrying considerable credit-card debt.
The US federal government has responded to the Chesapeake Bay challenge by imposing a limit on the amount of pollutants that can flow into the Bay and letting states set up credit-trading programs to promote the most efficient reductions possible.
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Ultimately, I suspect that he knew his always-responsible daughter would take the challenge seriously. (And I did.) He also respected the value of lessons learned through personal experience and was wise to just how important it was to properly build up credit in early adulthood.
The banks have been able to make these kinds of profits largely for reasons which have to do with government intervention which saved them in the first place, government intervention which eased up credit conditions, which provided effectively very, very low interest money to them and an implicit guarantee.
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