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The credit crunch is getting personal. In a Deloitte & Touche survey fielded last month, 67 percent of respondents who’d applied for a mortgage said it has become more difficult in the past year to get one. Among those who applied for a home-equity line of credit (known by the jaunty acronym HELOC), 65 percent said the same. Perhaps most alarming for the economy, so did 76 percent of those who applied for small-business financing.
Notwithstanding the trend evident in the numbers above, a majority of Deloitte’s respondents (59 percent) said they haven’t found it any harder over the past year to get credits cards.
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