Wednesday, October 15, 2008

Lower Credit Card Limits Hit Holiday Shopping


So, what does all of this mean for the holiday shopping?

5 comments:

Anonymous said...

now that people cant use credit cards that much i think it will help our economy because now they cant go that far in debt. i think the companies are being smarter by being more selective on who they let have cards. although it will hurt the stores because now people wont buy as much and the things they do buy wont cost as much as it has in the past.

Anonymous said...

this sucks! how are people suppose to buy stuff if they cant use credit cards? they cant expect us to have that much money expecially around Christmas. they need to quit being so strict and let us use credit cards. if we cant use credit cards then we wont be able to buy as much and thats just going to hurt our economy a lot :(

Mic Check 1212 said...

i think that this is a good thing mainly because credit cards is what got us into this mess. people take chances on buying things they cannot afford but now they have to maintain and watch their budget.

Cody.Colliver.5 said...

This would be a good thing for our economy, because people get themselves into so much trouble with credit cards, because they impulsively buy things that they know they cant pay for. This would save the individual so much trouble and debt.

Britney said...

I think we should completly do away with credit cards. They are the reason our country's economy is so poor right now. Maybe if they were gone things will get better, and everything wont be so expensive, then credit wouldn't even be needed.