It's Getting Easier to Get a Loan

Bloomberg Businessweek reports:

American banks increased credit in July, August, and September, the first consecutive gains since October 2008, according to Federal Reserve data released on Oct. 15. Commercial and industrial loans rose in July and August after dropping 25 percent, the data show. Banks eased lending standards in the second quarter for the first time since the credit crisis began, the Fed reported on Aug. 16.