Module 10
The Credit Cycle
The expansion and contraction of lending
5 lessons · 5 completed total
Lesson 1
Credit Cycle Phases
The credit cycle is the expansion and contraction of lending.
Lesson 2
Credit Cycle vs Business Cycle
Credit often LEADS the economy by 6-12 months.
Lesson 3
Warning Signs
The credit cycle gives warning signs before it turns.
Lesson 4
The Credit Impulse
The credit impulse is the second derivative of credit — not just whether credit is growing, but whether it's accelerating or decelerating.
Lesson 5
Credit Availability vs Credit Demand
Credit conditions have two sides: supply (willingness to lend) and demand (willingness to borrow).