With all the crazy economic happenings going on all around us, many, many people are wondering what it all means.

After all, the credit markets have been put in a tight squeeze; making available credit much more difficult to obtain.

Not only are future credit card accounts in a state of limbo, current credit card customers are beginning to ask many questions about credit cards in their wallets.

One of the burning questions is whether or not thier rates are going to increase while their credit limits, decrease.

These are very important, and valid questions we all need to ask.

The times we’re experiencing are historic. We need to learn and move forward.