New rules adopted for credit cards

BofA cuts credit lines to some small businesses
While some banks are being encourage to lend more, pressure is also coming from regulators to crack down on riskier customers.

Banks still playing with numbers
Members of the commission looking into the causes of the financial crisis thoroughly grilled former Bear Stearns executives. The commission was looking into how banks fudge their quality...

Banks get picky about credit cards
As regulations tighten on credit card issuers, they are in turn putting the squeeze on customers, with higher rates and tougher standards on who gets a card.

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