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Bank Loan Demand Remains Weak As Consumers Repair Tattered Balance Sheets

August 18, 2010 By Bill Zielinski 1 Comment

August 19, 2010 – The latest Federal Reserve survey of bank lending practices showed a net modest easing in credit standards and terms in the second quarter.  The slight loosening of credit standards, however, was not widespread.  The Fed’s report noted that “While the survey results suggest that lending conditions are beginning to ease, the […]

Filed Under: Banking News, featured, Financial Crisis, Struggling Homeowners Tagged With: america needs income not more debt, weak credit growth is good news

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