Warning-Easy Credit

Discussion in 'Credit Talk' started by BigH, Sep 20, 2001.

  1. BigH

    BigH Guest

    I want to know if anyone else is experiencing
    easier credit by grantors giving bigger than
    normal lines? I think they are doing this because
    of the new bankruptcy legistation where unsecured
    credit will be very hard to have dismissed and
    they want to take it out in blood. What do you people think?

    My examples Best Buy 3500
    Ethan Allen 7500
    Seamens Funiture 5000

    I am aware that Household has a purchase money

    My TU668 Beacon704 16 inquires last six months
    14 new accounts, but 10
    closed- I know, if I did not
    really want them I shouldn't
    have applied.

  2. SofaKing

    SofaKing Well-Known Member

    The economy is tanking... nobody is buying... they have tons of inventory to move...
  3. creditwork

    creditwork Well-Known Member

    Lower rates by the Fed, means easier money. Expect it, use it, don't abuse it.


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