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| Lounge General off-topic discussion...PG-13 or cleaner, please. |
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12-11-2008, 01:52 PM
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Administrator
Join Date: Apr 2008
Posts: 2
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The credit card industry is bad like the auto industry
In addition to the turmoil in the auto industry, I have been reading that the credit card companies are starting to have some trouble as well. The article I read says that the card issuers will start cutting liquidity, which means that people will see lower credit lines on their credit cards. Credit card debt is a big problem these days so that is probably a good thing! I think there are some bad credit credit cards out there though.
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