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Of 57 banks covered in the survey, 30 said they had eased their credit standards or loan terms.
According to Fannie Mae 's Mortgage Lender Sentiment Survey, "the net share of lenders reporting easing rather than tightening credit standards over the prior three months fell for the second straight quarter.
Hence interest-rate cuts and the easing of credit controls should be more potent than elsewhere.
And some indicators pointed to an easing of credit conditions in Europe, too.
"There is no sign yet of significant easing of credit conditions.
"There is evidence of tightening credit standards, but most people thought credit standards were too lax to begin with".
The central bank said its survey this month of lenders showed credit standards for enterprises had been eased "somewhat" in the third quarter, and that banks expect a further easing in the remainder of the year.
In many ways, debt is all about convenience and the ease of credit cards makes it all the more so.
In the Federal Reserve's quarterly survey of lenders, released last week, only two of the 53 banks said their credit standards for prime residential mortgages had eased.
There's no evidence of any kind of credit shortage on the contrary, credit standards are loosening.
Banks in the euro zone continue to tighten credit standards, and in America they have only just begun to ease standards after several years of tightening.
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CEO of Professional Science Editing for Scientists @ prosciediting.com