credit availability
Borrowing power present
Credit availability is the extent to which borrowers can obtain loans or credit from lenders.
Banks tighten credit availability during economic downturns; they loosen it when conditions improve.
The term appears in discussions of monetary policy, housing markets, and small business financing: Reduced credit availability has made it harder for first-time homebuyers to get mortgages.
- mortgage loansDebt for property purchases
- down paymentInitial sum toward purchase
- banking regulationsRules governing monetary institutions
- interest ratesPrice paid for borrowing
- usury lawsStatutes limiting interest rates
risk assessment · personal loans · income stability · easy money · monetary policy · disposable income · consumer protection laws · debt-to-income ratio · business loans · inflation · employment history · liquidity · payday loans · borrowing power · student loans · loan terms · financial institution · loan officer
credit availabilitycredit crunch
Severe reduction in lending
loan denial · credit denial · credit squeeze · credit freeze
credit availabilitytight credit
Restricted availability of loans
credit crunch · liquidity crisis · credit squeeze · deleveraging · illiquidity
credit availabilitycash on hand
Currency immediately accessible
liquid assets · savings · cash reserves · retained earnings · pay-as-you-go
credit, availability, credits, credited, crediting, creditor, creditors, creditable, discredit