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Do Looser Loan Terms Spell Danger Ahead?
August 29, 2013

"Insane" is how one bank CEO characterized what he's seen recently in the competition among banks to win business by loosening loan terms. American Banker editors discuss the trend and the dangers it poses.

Comments (1)
Banks are notoriously bipolar. They vacillate from manic, to depressive, and back, over and over again.

After the financial crisis, a banker stated that he didn't believe banks would ever go back to the pricing of old. I almost laughed out loud.

As the speaker in this video stated "banks are getting creative and kind of go back to the old ways of changing structure and terms..."

Banks are not creative. The select for people that are stewards. Left hemisphere protectors of FDIC deposits.

Banks are being disintermediated by right hemisphered technology and private equity firms. This will only get worse.

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