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Customers Using Less Credit Cards and More Cash

 
 
Phoenix32890
 
  1  
Reply Mon 24 Nov, 2008 01:47 pm
@roger,
Quote:
The majority of credit card issuers are whacking credit limits. A July 2008 report from Javelin Strategy & Research found that 62 percent of credit card issuers are lowering credit limits to existing cardholders. Only 8 percent are increasing lines of credit.


http://www.bankrate.com/brm/news/cc/20081015-credit-card-limit-cut-a1.asp

This is from an article on Bankrate, the site that I mentioned before.
0 Replies
 
roger
 
  1  
Reply Mon 24 Nov, 2008 01:49 pm
@boomerang,
boomerang wrote:

I don't worry about carrying cash as I never make very big purchases and I don't look like the kind of person who would have much cash on me!


Boomer the bag lady.
0 Replies
 
 

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