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Credit News

Banks and Lenders May Cut Credit Limits Even More

During the end of last year, many people (including citizens of good credit) noticed their credit limit being slashed. Now, experts believe that another wave is coming. Remember the new regulation that Congress passed so everyone is supposedly better off? Well, credit card companies are scared now and will try to fix their balance sheet [...]

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Credit Card Companies are Screwed with the New Bill

The senate passes a new bill that basically tells the credit card companies that you suck and you are screwed. In a landslide vote of 90-5, the senate has voted on a bill that will give credit card companies only nine months to reduce its fees and add more restrictions on how they normally screw [...]

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