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They’re Back: Nervous Bankers Finally Willing To Lend Again

Once a quarter, the government asks bankers about their lending policies. The resulting document, the Senior Loan Officer Ooinion Survey, provides a snapshot of current lending trends.

The upshot of the October survey?

Banks are still tightening their lending standards, but at a far slower rate than they were in the spring. More importantly, banks are actually willing to lend to consumers again (see below).

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- March 21, 2010 -

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