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Archive Home > 2008 > June > 21 > New limits: Banks trim credit lines

New limits: Banks trim credit lines

By Eric Dash / The Bulletin
June 21, 2008

The easy money that led Americans to depend on credit cards to pay their bills is starting to dry up.

After fostering the explosive growth of consumer debt in recent years, financial companies are reducing the credit limits on cards held by millions of Americans, often without warning.

Banks....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.