The Credit Crunch: Searching for solutions to ease economic pressures

It has the makings of a recession: Americans are falling behind on their credit card payments, their auto loans and their mortgages. New-home construction is at its slowest pace in 16 years. Foreclosure rates are skyrocketing thanks to adjustable interest rates on subprime loans, and from Florida to California, homeowners who bought on speculation now owe more than they paid. Borrowed funds now ...
From: www.post-gazette.com