Audio – The 4 D’s – death, divorce, disability and…

November 15, 2006

hendler.jpggetting dinged at your job.” These are the things that CreditSights analyst David Hendler says often hit paycheck-to-paycheck borrowers when they take out loans, dealing a blow to banks that go down-credit in pursuit of higher margins and yields. He said even unemployment rates in the 5 to 6 percent range could start to cut into the performance of loans to the riskiest borrowers.

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