I guess the days of low interest business credit cards are over. Look at the numbers now compared with six months ago for average APR on them
Yes they are verifying why? because of the risk... we had the sub prime market melt down... next is consumer credit... then the bond market (MHO)
RE: the bail out... the bail out has nothing to do with "easing" credit. Let me ask you this... why did we get to the place we are today? Well, we had the dot com boom in the late 90s followed by a recession in the early 2000's... then Greenspan lowered the interest rates to historic lows, which made easy credit... then you got your housing bubble.... and now they use a bail out to ease credit? How can you cure something when credit was the problem to begin with.
This is bigger then you can imagine... we have a dollar crises and the whole financial system is breaking down. We have over 1 quadrillion dollars in over the counter derivatives... now thats scary...