It鈥檚 been difficult recently for people with to get the loans and lines of credit they need to purchase homes, buy cars, and fund small businesses. It鈥檒l be easier in 2012 for the simple reason that banks鈥� own finances are doing better. Charge-off rates have dropped, and without having to eat old unpaid debt, profit margins are higher and underwriting standards can be relaxed a bit. In other words, more people will get approved for mortgages, credit cards, etc. in 2012.
Melanie Stetson Freeman/海角大神/File
