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Credit Cardholders Are at a Loss

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Oct. 27th, 2008 | 03:24 pm
posted by: lenno_cornish in credit_attack

credit card deals

An awful situation is happening on the credit card market today. People who have plastics have found themselves in huge debts difficult to cope with. It even doesn't matter if you are an excellent cardholder or not. Banks make the interest rates higher and the credit limits lower. Credit cardholders have nothing to do but close the existing accounts and pay off the debts. The most terrible thing is that consumers can't do anything about this situation except waiting and paying.

How are you dealing with this situation? What are you expecting from the exisitng economic crisis?

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from: mcfnord
date: Oct. 27th, 2008 08:51 pm (UTC)

so far no terms have changed for me. and i don't really have any debt. just 0% that i'll pay off in may.

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