If the effect of the CCR is to restrict borrowers with bad credit ratings from getting into further unsustainable debt that is surely a good thing. Remember what happened in 2008/09?
Wouldn't it be a good idea to do everything possible to avoid a repeat of that disaster?
A lot of people will, frankly, never fully recover from the impact of the credit bubble/collapse. Never mind 5 years...
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?