My little blog about bad credit credit cards
Customers with active credit cards have seen their rates increased and their maximum limits for credit decreased. Some people who have not used a card in a long time may find that it has been canceled. Decreased credit limits mean a higher debt to credit ratio for those who carry balances. That will have a negative impact on a credit score. More consumers are having to turn to credit cards for bad credit, as a result of the recession and more stringent requirements set forth by banks.