Some card limits slashed, some closed during COVID-19 pandemic

Name: Some card limits slashed, some closed during COVID-19 pandemic
Uploaded: 2020-05-07T17:55:04+00:00
Duration: 2 min 56 s
Description: A recent report finds that one in four American credit card holders have their credit limit involuntarily slashed on at least one card or had a card closed in the past 30 days. What does this mean? Matt Schulz with CompareCards by LendingTree offers some insight.

A recent report finds that one in four American credit card holders have their credit limit involuntarily slashed on at least one card or had a card closed in the past 30 days. What does this mean? Matt Schulz with CompareCards by LendingTree offers some insight.

Posted May 7, 2020 12:55pm CDT