Faced with sobering conditions, companies that issue MasterCard, Visa and other cards are rushing to stanch the bleeding, even as options once easily tapped by borrowers to pay off credit card obligations, like home equity lines or the ability to transfer balances to a new card, dry up. Story
Just like it takes a few weeks for us to see the difference between the price of oil and the gas pump, the recent crash of the stock market takes a few weeks to filter into our lives.
And from there it takes a couple weeks to filter from your street to your pew.
Are you feeling it yet?
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