http://www.thecreditcarder.com/bbpress/ TheCreditCarder.com Topic: Credit Card Cancellations and Raising Interest Rates en Fri, 10 Feb 2012 03:03:57 +0000 http://www.thecreditcarder.com/bbpress/topic/credit-card-cancellations-and-raising-interest-rates#post-72 Sat, 28 Mar 2009 20:55:21 +0000 TheCreditCarder 72@http://www.thecreditcarder.com/bbpress/ <p>There has been a steep rise in the number of credit card accounts that have been canceled or reduced by credit card issuers. At the same time credit card interest rates have been steadily rising. These are both tactics used by the financial institutions to reduce risk and protect the company. </p> <p><a href="http://www.newyorker.com/talk/financial/2009/03/16/090316ta_talk_surowiecki" rel="nofollow">http://www.newyorker.com/talk/financial/2009/03/16/090316ta_talk_surowiecki</a> </p>