Easy Credit
Definition
Increased supply of money into the banking system making it easily available for public lending with lower interest rate. It is intended to encourage economic growth, thus leading to inflation. Also called easy money, opposite of tight money.
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Business Tips
Cutting Up Store Cards May Result in a Better Credit Score
Many people are just one more card away from witnessing the tragic death of their wallets. The leather strains and stretches to hold in all that easy credit. It's hard not to have an overstuffed walle ... Read more
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