31. Lower borrowing costs may encourage more consumers to increase their spending and more bank customers to repay their overdue loans or arrange new credit. 32. Many Mexicans have needed to get cash in a hurry at the same time the devaluation prompted banks to clamp down on new credit applications. 33. Of course, no new credit means little new business activity, which sends the stock market lower, which pushes the banks even closer to the brink. 34. Rising borrowing costs often discourage companies and families from seeking new credit and can prevent them from repaying existing bank loans. 35. Since then, the Venezuelan government has allowed its currency to float as part of a preliminary agreement with the International Monetary Fund for new credits. 36. Stocks have been volatile this week amid divergent views on how much the new credit policy will help the economy and stocks. 37. TFA bonds may also be well-received as a new credit because many investors have as much New York City general obligation debt and MAC debt as they can handle. 38. Tax preparers say the new credits are making tax returns of low- and moderate-income taxpayers more complicated. 39. That plan sought to help cash-strapped farm owners by again lowering monthly payments and guaranteeing new credits to fund their operations. 40. That would make it cheaper for the electricity companies to obtain new credit. |