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Struggling Consumers Twice as Likely to Hit Credit Card Limit

Struggling Consumers Twice as Likely to Hit Credit Card Limit
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Fed Study: Banks Examine Credit 'Engagement' When Mulling Limit Increases

Fed Study: Banks Examine Credit 'Engagement' When Mulling Limit Increases
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Federal Reserve , Ability To Pay Rule , Card Market ,

Fed: Banks Examine Credit 'Engagement' for Limit Increases

A Federal Reserve study indicates it’s not income levels or ability to repay that drives banks’ willingness to extend credit. ....

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