Exact(7)
Many arbitrageurs - and banks - are still shell-shocked from 2008 and 2009, when the financial crisis caused private equity firms to walk away from giant buyouts because of the difficulty of obtaining financing in closed credit markets.
In the seemingly insatiable BRICs, the lag between the burgeoning demand of the past few years and the investment to meet it means that dozens of new factories are coming on stream at precisely the wrong moment.Struggling with closed credit markets and insupportable operational gearing, carmakers are going cap-in-hand to governments to plead for loans to get them through the next few months.
** The closed credit spigot is opened.
Your credit report tells the story of your financial history, from how many open and closed credit cards you have to how you've repaid your debts.
Although he had a $15 million cushion in the bank, he closed credit lines to all his clients, laid off 15% of his staff and cut office space.
Accounts get closed, credit limits get lowered and divorces happen, without this or that shared account getting severed.
Similar(50)
Data from a credit history report can encompass both positive and negative information: (i) positive information (entailing details on all opened and closed credits and repayment behavior) and (ii) negative information (which comprises default data for the most part).
Other "mega-deals" that had not quite closed before credit markets froze last summer are suffering from a collective loss of nerve.
U.S. consumers took on more debt in July, attracted to still-low rates for car loans and other closed-end credit lines, the Federal Reserve said in a report Monday.
Set up a closed-end credit account.
Complete an application for a closed-end credit account.
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