Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent has a line of credit and their financial institution changed the size, interest rate, collateral requirements, or other terms of the line, such as requiring a personal guarantee of their largest credit line.
11c. Was that line held at your primary financial institution?
Response | ||||
---|---|---|---|---|
1 | Yes | 85 | ||
2 | No | 13 | ||
3 | DK/Refused | 3 | ||
Total (%) | 101 | |||
N | 78 |
Notes: The credit line for 86 percent of small employers who have a line of credit and their financial institution changed the size, interest rate, collateral requirements, or other terms of the line, such as requiring a personal guarantee of their largest credit line have it held at their primary financial institution.