Will the bank be taking on less than stellar card customers once it is sold?
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sorry I thought the article was referring to the banks in Sidney and not the credit card business originally .
sorry I thought the article was referring to the banks in Sidney and not the credit card business originally .
the banks are going to look at the situation in regard to the housing market . A couple years ago the housing industry was booming in Sidney a person could walk into a bank and the banker would work extremely hard to make the loan because he thought the home at that time was a extremely good investment. Today the banker is going to look at the situation and a potential buyer is going to have a extremely difficult time to convince the banker to loan money on the home. The increase interest rate isn't going to help however a much larger effect on a potential buyer to obtain a loan is the fear in the housing market and real estate taxes.