Banks have declared war -- on you
Changes are coming fast to the credit card world, and you can expect your bank to raise rates, slash credit limits, add fees and cut rewards. Consumers, brace yourselves.
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It has always bothered me how much power banks have over consumers. I support free market capitalism, but banks just get almost megalomaniacal about it. So, if banks are going to be snippy, then so will I: I'll cancel my cards, pay it off ASAP (yes, I know, it would have been better to not use credit cards to begin with, but we've all got to have our stupid mistakes), and go to a credit union, and I encourage everyone else to do the same. After they lose all their customers and have no bailout, then we'll see who's boss.
