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More Savings, Less Credit Demand
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More Savings, Less Credit Demand
�The consumers are going to be driving more and more savings into the banks, but they�re going to be demanding less credit instruments,� Mike Gordon, VP & managing director EMEA at FICO, told CNBC. �Six months ago, we saw a large credit gap developing and that has actually closed a little bit,� he added.
Video Length: 589
Date Found: July 08, 2011
Date Produced:
View Count: 0
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