Bad credit is the most immediate threat to the economy, according to a survey of 248 member of the National Assoc. of Business Economics.
32 percent said loan defaults and excessive debt were their greatest concern.
Only 20 percent cited defense and terriorism as their greatest economic cern, and bad credit problems were also more worrisome than gas prices, inflation and government spending.
(from MSNBC.com)
Bad credit a threat?
November 4th, 2007 at 10:42 pm