easy credit
Readily available loans
Easy credit refers to lending practices with relaxed requirements—low interest rates, minimal documentation, or loose qualification standards.
The phrase often carries a cautionary tone, implying that borrowing has been made too accessible: Easy credit in the housing market led to the financial crisis.
Banks offer easy credit during boom times and tighten it during downturns.
- loansBorrowed money arrangements
- debtMoney owed another
- debt trapSelf-perpetuating financial burden
- borrowingTemporary taking of another's
- interestAttention, stake, or fee
plastic · swipe · subprime · payments · financing · approval · no money down · spending · bills · banks · lenders · APR · installments · overdraft · maxed out · balance · revolving debt · consumerism
- housing crisishousing bubble, housing crash, subprime mortgages, foreclosures, subprime loans
- real estatehouse, home, apartment, property, sale
- US bankingFDIC, Fed, national banks, bank runs, bank failures
- market bubblesbubble, asset bubble, tulip mania, dot-com bubble, housing bubble
easy creditcredit crunch
Severe reduction in lending
credit squeeze · credit freeze · liquidity crisis · illiquidity
easy, credit, ease, easier, easiest, easily, easiness, uneasy, uneasiness