With millions of people out of work during the pandemic, credit card companies are lowering their risk by slashing limits and in some cases closing accounts outright. It’s a bad situation made worse during these unprecedented times.
Lawmakers press credit bureaus to temporarily stop reporting negative dings.
You might be wondering what to do if your investments lost value due to the coronavirus crisis. Read these guidelines before making any drastic moves.
Those with low credit scores may have been approved before, but not now as lenders and creditors tighten their requirements.