Credit Card Companies Change Limits, Change Lives

Millions of Americans have seen their credit card limits lowered since the economic crisis began, as credit card companies have tried to protect themselves against risk. And it's having a devastating ripple effect on consumers' credit. By lowering people's credit card limits, banks are also lowering people's credit scores in many cases. And that means these families will pay tens of thousands of dollars more for things like mortgages and car loans. Mary and Sean Craig, of Ashburn, Va.,...Full Story
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