Credit Card Holders Smartening Up, Credit Companies Getting Stingy With Credit

As the economic health of the country continues to falter and unemployment continue to rise, American consumers are having to adapt and change their financial habits. Credit card use among American consumers have noticeably slowed down and many are putting uncharacteristic effort to paying off their debts. Credit card companies are also sending lesser credit card solicitations and are much more lenient in their credit card applications.Figures from 2005 show that banks sent around six billion cr