I don't think rather it might open more opportunities for them as Microsoft is among the handful of companies with almost no debt. In short term, it might affect in reduced growth of revenues, however, in long term it should work out well. I don't think rather it might open more opportunities for them as Microsoft is among the handful of companies with almost no debt. In short term, it might affect in reduced growth of revenues, however, in long term it should work out well.
The economic crisis has severely affected the availability of credit. It is also termed as the credit crunch.
A financial 'credit crunch' is when there have to be budget deficits and contingency plans in place (should there be a worst case scenario)
To avoid a credit crunch, you can make sure to get your yearly free Credit Reports. This will allow you to monitor your credit effectively and make sure your report is error free. Balancing how much you spend with how much you make will also make it easier to maintain a good credit score and help you to avoid the credit crunch.
No one planned it.
2007
Yes Washington Mutual has been affected hard by the credit crunch. It put it self up for sale.
hope not
Almost all sectors are affected by the financial crunch. Especially the banking & financial industry, automobiles, IT Services, tourism and hospitality, aviation etc.
It is terrible due to credit crunch that we have to cancel order of fresh vegetables to the hospital.
It is terrible due to credit crunch that we have to cancel order of fresh vegetables to the hospital.
yes
A credit crunch is related to your credit score, because it means that banks are especially strict about who they will lend to. They are less likely than usual to extend credit to someone with a low credit score, so maintaining a high score is even more important than usual.