The Sept. 1 editorial "On better terms" conceded that overall interest rates have risen on credit cards after the passage of the Credit CARD Act and that the limits on credit that have resulted may be slowing economic growth. It concluded, however, that these drawbacks are tolerable because "the consumer-credit business is being put back on a more sustainable basis."





Comments


Written by businessavante
5176 days ago

The limits may hurt a few start-ups, but save a few families.

businessavante



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!