Canadian Banks | Forums | Terms of Use

Welcome to the Canadian Financial Forums forums.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact contact us.

Go Back   Canadian Financial Forums > Canadian Financial Forums > Personal Loans

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old 12-08-2008, 05:24 PM
Canadian Canadian is offline
Senior Member
 
Join Date: Jun 2008
Posts: 415
Default

Quote:
Originally Posted by Jason View Post
I can tell you from personal experience that getting loan right now is close to impossible. It looks like Canadian banks are afraid to lend even to people with excellent credit. The problem is that in a credit-driven society, once the credit stops flowing the economy stops with it.
Exactly! That's why we see all the gloomy economic and unemployment reports, because the entire economy depends on cheap credit, and when cheap credit is not available there goes the economic house of cards.
__________________
Bear with me please
Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 03:31 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2019, vBulletin Solutions, Inc.