Entrepreneurs With Poor Credit Face Crunch

Source: American Express

Favorite

Free registration required

Entrepreneurs with poor credit have to pay so much more than entrepreneurs with good credit to borrow money from their peers right now, the former are probably unable to borrow money at rates that let them profit from the opportunities they are pursuing. This pattern supports what many economists have said recently: the entrepreneurs with poor credit are the ones facing a severe credit crunch.
Format:HTML Size:0.00
Date:Oct 2008