DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Consumer credit lines continue to increase as US Gov't considers raising its own cred

**YpbWF5Yo** · 07-30-2011, 03:47 AM

What credit crunch?
Consumers get more credit | Bankrate.com

Credit card and riskier revolving lines are on the rise.

Speaking from experience, I've added about $25,000 on my existing lines and opened a new one. One card I opened (with Chase) is specifically for financing a purchase I wanted to make across 12 months, interest-free, with no intention to use the line for anything afterwards once payment is complete [I got other lines way more generous with rewards I use regularly].

Most people with FICO scores above 750 (1/3 of US consumers) are being showered with offers.

07-30-2011, 03:47 AM	#1
YpbWF5Yo Join Date Oct 2005 Posts 469 Senior Member	Consumer credit lines continue to increase as US Gov't considers raising its own cred What credit crunch? Consumers get more credit \| Bankrate.com Credit card and riskier revolving lines are on the rise. Speaking from experience, I've added about $25,000 on my existing lines and opened a new one. One card I opened (with Chase) is specifically for financing a purchase I wanted to make across 12 months, interest-free, with no intention to use the line for anything afterwards once payment is complete [I got other lines way more generous with rewards I use regularly]. Most people with FICO scores above 750 (1/3 of US consumers) are being showered with offers.
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