The credit might be private, but the problems are becoming pretty public. A once-wonky corner of Wall Street that's exploded in recent years is facing increased scrutiny . But what even is private credit? Why are people nervous? And, most importantly, why should you care? Let's break it down: People are freaking out about private credit. What gives? PE giant Blackstone saw a bunch of withdrawals from its main private-credit fund for retail investors . The redemptions (7.9% of shares, totalling $