Link of the Day: The Death of the Credit Card Economy
The days of easy credit appear to be coming to an end. Credit card companies have been decreasing credit limits for consumers over the past six months. As a result, some people are finding it harder to buy things when they are forced to pay immediately.
While easy credit is coming to an end for some people, card companies are continuing to mail pre-approved credit offers to those with a solid credit history. Remember, one can opt out of these pre-approved mailings.
August 31st, 2008 by Tom
Posted in Consumers, Credit Cards
August 31st, 2008 at 11:00 pm
Just wanted to say HI. I found your blog a few days ago on Technorati and have been reading it over the past few days.