Credit Cards Gone Wild

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Oh by the way there is an $85 annual fee if you don't cancel after the first year. And you have to spend $3000 or more the first 3 months. But wait there's more.. they can and will slash your available credit limit without giving you any notice or advance warning. But its so much more FUN to spend money you DON'T HAVE!!

Bob of NY 11:08PM July 24, 2011

I've added 6 figures in credit limit increases and a couple new approvals the past month. Consumer revolving credit is indeed flowing again, but still nothing like the peak in 2006 (and that's probably a good thing). For the record, I have high scores, no debt and a solid income, so that obviously makes a huge difference in approvals.

JC of CA 8:30PM July 21, 2011

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