Tight Credit

Tight Credit

A situation in which it is difficult to find a loan. That is, tight credit occurs when banks are unwilling to part with their money, even on an interim basis. Tight credit may occur during periods of uncertainty or simply during times of high interest rates. See also: Credit Crunch.
References in periodicals archive ?
Tight credit spreads (the IG index now at 85 bps, the narrowest since 2007) are overshadowing market anxiety with the calendar seen picking up as many companies exit earnings blackouts.
A clear portrait of just how tight credit standards remain can be found in an article this month by Equifax Chief Economist Amy Crews Cutts titled "The Implications of a Rise in Subprime Lending.
Tight credit could hurt shipments from India, which is believed to be one of the world's top jewellery exporters.
Appraiser Jonathan Miller, who compiled the Douglas Elliman report, said, "Rents are remaining at a high level because of rapidly rising employment and tight credit.
However, increasingly high unemployment, wage cuts, and tight credit conditions continued to weigh on domestic demand.
Soaring inflation, substantially tighter government spending, diminished purchasing power and extremely tight credit conditions will also contribute to the dismal economic outlook.
14 May 2013 - The most recent Private Capital Access Q2 Index report shows tight credit markets continue to hamper growth at US companies with less than USD 500,000 in revenue.
Our ability to secure additional capital amid weak macro conditions and a tight credit environment speaks to our healthy overall financial position, as well as to the ability of our management team.
Italy's central bank cut its forecast for the country's shrinking economy last Friday, as tight credit conditions and a gloomy international backdrop darken the domestic outlook before a national election in February.
Its assessment of the economic challenges we face, including the effects of the on-going crisis in Europe and the persistence of tight credit conditions, will be familiar to many manufacturers in North Wales.
Total investment will drop substantially due to tight credit conditions and persistent negative economic sentiment (while) private consumption is expected to fall," reflecting a drop in purchasing power and rising unemployment.
Tight credit is one reason home sales have struggled to gain traction.