Reply #10: It may also mean [View All]

[customerserviceguy]

that banks are issuing credit cards, and upping credit limits, to people that they might have shunned a couple of years ago. An example would be a person who had a less than stellar credit rating a few years ago, when times were good, who managed to hold on to his/her job over all that time. It would indicate some measure of financial strength.

Right now, banks can borrow money for practically nothing, if they can make 20-30% off of it with borrowers who have some reasonable likelihood of paying it back, they can still make a profit even if the losses are higher with the new borrowers taken in.