Credit controls are
A)actions by banks to deny loans to risky borrowers.
B)attempts by the Fed to control credit by manipulating the money supply.
C)regulatory restrictions on bank lending.
D)attempts by credit card issuers to screen out bad credit risks.

Question

Quizplus · Accepted Answer

Credit controls refer to regulatory restrictions on bank lending, which are measures imposed by authorities to control the amount and terms of credit that banks can extend.

Credit Controls Are