The Federal Reserve Board released the January 2009 Senior Loan Officer Opinion Survey on Bank Lending Practices.  The survey was distributed at the end of December 2008 and covers the period between October and December 2008.  For those interested in the full report, you can find it here.   The prior report was distributed to survey [...]

Amidst the global credit crisis, a new report indicates that banks are increasing standards required before lending credit.  Higher credit scores are required to get a loan - and higher interest rates are required for repayment of the loan.
Read More: Wall Street Journal, Chicago Tribune.
Unfortunately, for all the Feds efforts to ease the credit crisis, [...]