I don't know about you, but I hear the phrase "credit crunch" everywhere. I had a handle on what it meant, or so I thought, and I wasn't too far off, but I found an article that really explained what it is and why it is happening. So, for those of you who hear this phrase over and over and want a great explanation of it, click on the link below. I thought it was done really well. Although it is a UK article, it explains it well.
http://www.moneyfacts.co.uk/savings/guides/credit-crunch-explained.aspx
Comments(0)