This story from BusinessWeek (via Yahoo! Finance) shows just how unfair consumers are getting treated nowadays.
Basically, card companies are slashing people's limits, often without good reason. And because of the way FICO scores are calculated, the end result can be a lowered score through no fault of your own.
It's ridiculous ... in fact, the entire system is ridiculous. It simply proves just how far the pendulum swings from one side to the other.
I'm planning on writing extensively on this topic for my next Money & Markets column so stay tuned!
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