credit trends

Subprime Borrowers, Credit Cards and the Chicago Housing Market

In some areas of lending, it looks like the banks may be loosening their tightly guarded purse strings at last. The trends show that some lenders are now taking bigger risks, issuing credit cards to subprime consumers – or those with credit scores below 660. That could mean that lenders will also start making it …

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More Auto Loans Could Mean More Chicagoland New Home Buyers

More people are getting loans for new cars (and the loans are getting larger once again), and more people are opening new credit cards. Does that mean Chicago will see a resurgence in its new home market, too? On the Equifax Personal Finance Blog, where experts keep tabs on all things related to credit, the …

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