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Archive Home > 2008 > October > 29 > A credit freeze in your wallet?

A credit freeze in your wallet?

Card companies are beginning to pull back on soaring credit lines, aggressive promotions

By Eric Dash / The Bulletin
October 29, 2008

After years of flooding Americans with credit card offers and sky-high credit lines, lenders are sharply curtailing both, just as an eroding economy squeezes consumers.

The pullback is affecting even credit-worthy consumers and threatens an already beleaguered banking industry with another wave....

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