According to an October survey put out by the Federal Reserve, credit guidelines are beginning to ease for small businesses and households. They qualify this by saying “for certain types of loans”. Two categories of loans have not experienced much in the way of loosening. These of course include mortgages and home equity lines of credit. Many banks indicated that they don’t foresee credit going back to what is considered normal for several more years but did indicate they are seeing some loosening in the standards. The good news is there is some media attention to credit actually getting easier.