Isn’t it a good thing that credit card companies are finally going to be stopped from increasing their customers credit limits without consent! It’s like a breath of fresh air after a crazy time of money madness. I’ve had the letters: ‘we’re happy to say we’ve increased your credit limit’. My initial thought has always been ‘that’s nice’ and then it’s forgotten and the card stays in the drawer with even more credit available. The ideal use of a credit card is one of convenience though, not credit. Use it to buy everything and then clear the balance each month with your
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