2008 Fed report
event
1 mentions
1 recordings
first heard Apr 2020
last heard Apr 2020
±0 this month
Report released in 2008 by the Federal Reserve on credit limits
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newest first · ▶ plays the momentTed RossmanWSJ Your Money Briefing · Credit Card Companies Are Lowering Your Spending Limit · 2:53 · Apr 2020
…I dusted off this 2008 Fed report that found that back then, 20% of prime customers had a credit limit cut or a card canceled without warning, and 60% of subprime customers experienced that.…
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