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Who started the Credit Crunch?

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Anonymous

14y ago
Updated: 8/17/2019

YOU

osama bin ladin

There is a lot of debate that America had started it due to bankers over lending to the general public and that now England and many other countries are helping them resolve a mistake that they made.

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Wiki User

14y ago

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Why did the credit crunch start?

The credit crunch started because all the bankers miscued up all the money they gave it to the wrong people and if you go on google and type in covert pounds into euros you will see it change over the years and after Christmas everything will cost lots again.


What is financial 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)


Who makes Cap'n Crunch?

Well, the owners who first started Cap'n Crunch started it in New Hampshire


How can you avoid a credit crunch?

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.


Who planned the credit crunch?

No one planned it.


What year did the credit crunch start?

2007


Are countries helping the UK in the credit crunch?

hope not


Is hospital terrible have that it due fresh for the crunch you cancel credit the of vegetables to the to order. unjumble this sentence?

It is terrible due to credit crunch that we have to cancel order of fresh vegetables to the hospital.


Is hospital terrible have that it due fresh for the crunch you cancel credit the of vegetables to the to order unjumble this sentence?

It is terrible due to credit crunch that we have to cancel order of fresh vegetables to the hospital.


Credit Crunch for shopping affecting Nortern Ireland?

yes


Does credit have anything to do with economic crisis?

The economic crisis has severely affected the availability of credit. It is also termed as the credit crunch.


Is a credit crunch related to my credit score?

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.