Click HERE to read today's column, where we look at the weirdness in credit card markets, namely, lines of credit getting chopped.This weirdness started last year, but the year before that, on October 26, 2007, I gave a heads up; here's the piece. So, yeah, uh, "told you so."
About a year later, the headlines started noticing a credit card crunch. Here's a November 14, 2008 piece in the Wall Street Journal's Smart Money. And here's a March 3, 2009 piece from Bloomberg.com.
I know that credit cards aren't as common in Saipan as in the mainland, and there are a lot of folks who are just learning about this realm. For them, a handy link is ClarkHoward.com. Clark Howard sometimes lists the best credit cards (you can do a search for that on his site), which is a useful starting point.
