Posted 1/13/2026 19:06 (#11509169 - in reply to #11509123) Subject: RE: Credit card interest rates cut
West Central MN
rangaf - 1/13/2026 18:35
I'm guessing there would be two unintended consequences if this change did happen--credit limits would immediately be slashed for many credit card holders, and a huuuuuge number of credit cards would be immediately cancelled by the issuing banks.
I would bet you’re right. Credit cards are not loans.