Millions of people see credit card limits reduced or accounts closed altogether

Name: Millions of people see credit card limits reduced or accounts closed altogether
Uploaded: 2020-08-12T17:31:57Z
Duration: 3 min 31 s
Description: About 70 million cardholders have had their credit card's limit reduced or a card account closed completely. Matt Schulz, Chief Credit Analyst with LendingTree, talks about this trend and why it's happening.

About 70 million cardholders have had their credit card's limit reduced or a card account closed completely. Matt Schulz, Chief Credit Analyst with LendingTree, talks about this trend and why it's happening.

Posted August 12, 2020 12:31pm CDT