Card Issuers Cutting Credit to Customers

I wrote about the problems credit card issuers will face in the current recession the other day. 95,000 people read the post. We talked about it on our YouTube show, What Are Your Thoughts, this week also. It’s an issue that I think is still under-appreciated by the markets right now. This morning we learned that another 4.4 million people filed for unemployment last week. That brings the five-week running total to ...

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source https://thereformedbroker.com/2020/04/23/card-issuers-cutting-credit-to-customers/