Debt-Ans.Com

Credit card companies have been on a real limit-lowering streak lately. A few weeks ago we ran an article titled “Your Credit Card Company Could Unexpectedly Lower Your Limit.” At the time, I had no idea that this article would touch such a nerve, or that the practice of decreasing credit limits was becoming so widespread. So, what’s going on? Basically credit card companies are universally re-evaluating their customers and changing limits, interest rates, and fees at will. Honestly, this is