Recession impact on bank loans
Hi folks, What happens when recession hits or economy is getting weaker to the loans (housing/education/vehicle) we took from the bank? For ex- will they increase the interest rate?
Will be thankful for your insights.
Hi folks, What happens when recession hits or economy is getting weaker to the loans (housing/education/vehicle) we took from the bank? For ex- will they increase the interest rate?
Will be thankful for your insights.