Best credit cards, a quick primer

Credit cards that were once easy to qualify for now call for better credit histories and scores. People with current accounts are also being examined. Customers with active credit cards have seen their rates increased and their maximum limits for credit decreased. Some people who have not used a card in a long time may find that it has been canceled. The percentage of debt a consumer carries relative to his available credit will automatically increase if his credit limit is decreased.

04/17/09 12

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