The Credit Crunch, Close Up and Personal
Dec 15th, 2008 | By Olivier Garret | Category: Financial NewsWithin the last year, the true extent of the real estate debacle and ensuing credit crisis in the United States has become blatantly obvious. But now there is a new phenomenon rearing its ugly head: a credit crisis of the individual that is hitting a large number of Americans straight in the pocketbook. The reason: credit providers have started to batten down the hatches.