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The Department for Work and Pensions has announced a £38m project to expand credit unions.
The only way to keep the investment boom going is to dramatically expand credit.
FOR months, the Fed has been working to expand credit, and has invented some good methods for doing so.
And China's demand for raw materials helped lift Brazil's economy as stability allowed the government to redistribute the wealth and expand credit.
In this paper, we use account-level data from LendingClub and Y-14M data reported by U.S. banks with assets over $50 billion to examine whether the fintech lending platform could expand credit access to consumers.
Over time it expects to expand credit modeling in Brazil with the hope of reaching people with more varied credit profiles, Mr. Velez said.
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One, as Mr Smith mentions, is that mortgage standards may loosen, expanding credit to buyers.
A top financial administrator, Ma Kai, warned today that rapidly expanding credit threatened China's financial health.
What's more, this investment surge is being bankrolled by an expanding credit binge.
Quantitative easing is not nearly as efficient at expanding credit as having the banks involved, but it does work.
Banks won't be expanding credit any time soon, but government-backed lenders have stepped in to fill the gap.
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