Im doing research for a paper on the United States credit crisis. What can you tell me about it and do you know any good sources I can research?|||What credit crisis? There is just a tightening up on the loosey goosey creative financing that allowed people with poor credit to buy way more house than they could afford.
There's definitely a housing market problem with the values dropping and a glut of foreclosures. But poeple with decent credit have no problem getting mortgages, credit cards, or other loans.
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