Advertisements about the terms for providing credit in the gray market often lack basic information the borrower requires, and sometimes contain misleading information.
The manner in which the financial turmoil intensified significantly across the world last autumn following the bankruptcy of Lehman Brothers has been extensively documented. History shows us that downturns in economic activity that are preceded by problems in the banking sector tend to be longer in duration and, partly because of this, more severe than those caused by other factors.