Why banks aren’t lending

[Anonymous]

The article includes details about how banks are approaching rating creditworthiness during the crisis. I don't have an alternate source.

The link below should work for a while. The WSJ often also allows free access through a link from Google News. The article's title, when I read it, was: "Widespread deferrals mean banks can't tell who's creditworthy."

https://www.wsj.com/articles/flying-blind-into-a-credit-storm-widespread-deferrals-mean-banks-cant-t...

[snickerpedia]

This is same story free read. Very interesting!!

https://www.newsbreak.com/news/0PSxZFWR/flying-blind-into-a-credit-storm-widespread-deferrals-mean-b...

[Anonymous]

Thanks. Yes, that is the same story. Fascinating tidbits

[M_Smart007]

@Anonymous& @snickerpedia  .. Thanks for a really good read

"Coronavirus has "thrown existing models off," TransUnion's Mr. Miller said."

[Anonymous]

I can see how that might throw a slight curve ball. I guess they can't exaclty note on the account that it's in deferment, as it would likely cause a score drop.