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Published: October 1, 2008
Five reasons to care about financial turmoil
1 Mortgages
Borrowers will have to fill out more paperwork and will need "pristine” credit ratings to obtain a home loan.
2 Loans
As short-term capital markets dry up, it becomes more difficult for banks to market their loans. That means some good customers fail to receive loans.
3 Cars
"Walk into a car dealer today and try to buy a car, and your financing options are going to be le...
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