As prices go up, a deadly feedback loop forms: rising collateral values enable Banks to extend more credit, which means prices can be chased higher.

当价格升高，便会形成一个恶性循环：不断升高的抵押品价值使银行可以发放更多的贷款，这意味着又将价格推高。

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When credit is tight, manufacturers can extend more generous terms to help distributors carry a larger inventory and boost sales.

贷款紧缩时，厂商能给经销商宽限期限曾加库存而提高销售量。

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Most of them genuinely believe in the importance of providing more people with access to financial services.The banking system as a whole continued to extend credit throughout the crisis.

他们中的大部分都相信提供给更多的人们理财服务的重要性，银行系统作为一个整体在危机中继续扩展了信用服务。

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This week, Congress voted to extend the credit to the end of September -- but only for people who signed a dealby April thirtieth.

VOA: special.2010.07.02

Earlier this year, it brought in a new chief executive, Mr. Cestero, a former top city housing official, and reached a deal to extend a companywide credit facility with a group of lenders.

WSJ: Domino Fight Turns Sour

The housing market has begun a long, slow process of recovery, but it remains hobbled by the many people who owe more than their homes are worth, by toughened underwriting standards, and by a reluctance among private lenders to extend credit without a federal guarantee.

ECONOMIST: Regulation, trade and job creation

So far, the damage in the U.S. mortgage industry has been confined to a few highly leveraged and weakened lenders, such as New Century Financial , which had to file for bankruptcy earlier this year after its banks refused to extend it more credit, and to a few funds that had big investments in the sector.

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