What my thoughts say about best credit cards
That means that those looking for credit cards for bad credit are having a tougher time qualifying for a new account. Better credit reports and scores are necessary to qualify for many new credit accounts. Even existing customers are finding their credit lines decreased and changes to their interest rates and fees. Data shows that by the end of 2008, nearly half of banks decreased credit limits for current customers. One of the major credit card companies, AMEX, is offering money to current cardholders perceived as a credit risk to pay the balance on their cards and close their accounts.