http://minnesotaindependent.com/12016/credit-card-users-beware-how-the-crisis-will-affect-you-and-your-bills News. Politics. Media. Sun, 22 Nov 2009 04:43:11 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://minnesotaindependent.com/12016/credit-card-users-beware-how-the-crisis-will-affect-you-and-your-bills/comment-page-1#comment-13689 Dave Porter Tue, 07 Oct 2008 19:17:09 +0000 http://minnesotaindependent.com/?p=12016#comment-13689 Another problem is when people pay down, or pay off, their outstanding balance, many credit card companies are then reducing the credit limit on the card - or even canceling it entirely. This results in a huge, and unexpected, hole in expected cash flow for people who had anticipated continued access to that credit source for operating their business or other financial affairs. Another problem is when people pay down, or pay off, their outstanding balance,
many credit card companies are then reducing the credit limit on the card – or
even canceling it entirely. This results in a huge, and unexpected, hole in
expected cash flow for people who had anticipated continued access to
that credit source for operating their business or other financial affairs.

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