Banks are now providing greater credit limits to card holders without the card holder making a request for more credit. Sounds to me like banks are on the race to the bottom to show the biggest earnings. Card holders who have maxed out their cards will likely spend more money that they don’t ha
The interesting thing about market tops is the perception of risk is framed by most as being less risky. When anything reaches the high point of its cycle, the upside potential is much less than the downside risk.
