As the economic fallout of the pandemic continues to unfold, banks are rushing to close credit card accounts or slash credit limits to curb their risk.
“These are really big numbers,” said Matt Schulz, chief industry analyst at CompareCards. “It means that an awful lot of Americans had one of their financial security nets taken out from under them in one of the most difficult economic times in American history.
“Folks who saw the biggest credit limit reduction were high-income folks,” Schulz said. “They’re more susceptible to credit limit cuts, simply because they will be the most likely to have high credit limits in the first place.”
Probably ask People put down money as a security deposit. A secured Visa
And landlords are tripling the deposit all because of the DNC/Wuhan virus!
The Democrats don't want you to go back to work they're doing everything they can to tank the economy Trump2020