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Entries Tagged as 'Lowering Credit Card Limits Credit Utilization Effect o'

I Pay On Time, Spend Big Money – Now You’re Lowering My Credit Limit?

July 1st, 2008 · 59 Comments · Credit Cards

It’s not just the housing market who is tightening the reigns of their credit lending…the current trend among credit card companies is to reduce credit limits. You know the credit card companies generally change the rules of the game anytime after sending you your credit card. Typical sneaky tricks include increasing interest rates, add rules [...]

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