While commercial lending is growing rapidly, individual homeowners are finding that home equity loans and credit cards are harder to get, due to a lack of competitive pressures.

Question

Quizplus · Accepted Answer

The difficulty in obtaining home equity loans and credit cards is more often attributed to stricter lending standards and regulatory requirements, not a lack of competitive pressures. In fact, competition among lenders can still be strong, but they may be more cautious in their lending practices.

While Commercial Lending Is Growing Rapidly, Individual Homeowners Are Finding