Some credit card issuers are tightening the screws on new applicants. A survey on lending practices shows that 14.7% of domestic banks indicate they had tightened standards on credit card loans over the past three months, however terms and conditions on credit card accounts were largely unchanged for the second consecutive survey. In the April survey, less than 10% of banks indicated that they had tightened standards on credit card loans over the past three months. The “Senior Loan Officer Opinion Survey on Bank Lending Practices” found that standards for residential mortgage loans were largely unchanged over the past three months, and the demand for these loans was stronger on net. As in April, only a modest portion of domestic banks, on net, reported tightening standards for consumer loans. Demand for consumer loans was slightly weaker, on net, over the past three months as banks reported that they lost some business to automobile finance companies. Regarding credit standards for credit cards, 11% of large banks indicated they have tightened standards while 18.8% of smaller banks said they have raised standards since April.