Easy credit, a telling sign

[Ravi P.]

Has anyone noticed that unsecured credit seems to be getting easier to get. Not only is it easier, but the customer service agent and banks are even pushing for you to sign up?

I received a call from a bank branch where I hold a credit card with no balance on. He was pushing for me to get a unsecured line of credit . No questions asked. Just come in and he can get me $25,000 no questions, no documentation needed. Anything above $25k would require documentation. This also applies to HELOCs. $25K no questions asked and a 3.49%rate.

In addition, I called the CS of my of a credit card I have because I did not receive a statement. After he conformed I had no balance. He was trying so hard to convince me to apply for a new cc. So I did, primarily to build another credit line, and It never hurts to have credit available to use in case of an emergency. What I found odd is that I was accepted for a 5 digit credit limit. In the past I would be approved for a solid 4 digit limit and would have to request an increase a few months of use.

Is anyone else noticing this? Is this a telling sign or am I overthinking this? unsecured lines are pretty risky and for them just to give it away seems reckless.