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Entries Tagged as 'Spending Limits'

It’s Hip To Be Thrifty!

April 8th, 2009 · No Comments · Budgeting, Consumer Debt

Sounds like an odd thing to say, but what a difference a year can make!! Many of us have never had to watch our spending limits, let alone create a budget. But since the news emerged that a recession is sweeping our country, it seems being thrifty is the new cool!
Given the recent record-breaking revenues [...]

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AmEx Reducing Credit Limits Based on What You Buy. Where You Live

October 9th, 2008 · 10 Comments · Credit Cards, Mortgages

In July, we wrote about credit card companies who were lowering credit limits on credit cards in an attempt to minimize their exposure to the credit markets. The accounts with lowered credit limits were current with payments being made on time.
Now American Express is aggressively cutting spending limits on consumer accounts and is being [...]

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