Tag Archives: death of credit card economy

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.

Matt / Google+