You are viewing a single comment's thread from:

RE: Credit Card, Student And Auto Debt All Hit Record Highs In December

in #economy7 years ago

Credit card companies are trying to protect themselves by tightening credit lines, increasing standards, and closing deposits. These organizations are also reducing rewards, raising interest rates and increasing credit card fees to avoid more harm.In the United States, the administration last month approved a law limiting credit card fees and interest rates.