big event

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�It is the financial crisis that broke out in the United States.

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�Experts call it the subprime mortgage crisis

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The so-called subprime crisis is the subprime crisis

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�Bank of America to stimulate�

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Consumption

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Lending a lot

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�But common�

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The credibility of the person is not high

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An individual's creditworthiness is directly related to the amount of his loan

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�If you don’t have good credit, you won’t be able to get a loan.

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�So the bank brought in the guarantee company again.

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�The guarantee company guarantees the creditworthiness of the individual

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�The bank is relieved

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began lending heavily

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Popular

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When people have money in their hands,

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Start consuming

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In the past few years, the U.S. economy was very good

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Honor

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This has a lot to do with

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�But the premise is that you must be able to pay it back.

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Can't afford it

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�to�

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Then the bank will be in trouble

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This kind of trouble completely broke out in 2009

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�Bad debts in many banks�

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To be continued...