Quote:
Originally Posted by Elli
Interesting to see how ratios are changing on the rebills. I hadn't thought of people's credit lines getting shortened. that explains a lot.
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I don't think that has a lot to do with it.
My theory is that the majority of people use their debit cards and don't even own a "real" credit card that isn't AMEX
My guess would be people are just spending their money a little more wisely these days and cutting back a little bit until this intial wave of fear over the economy is over. I know I do.