How much debt are people carrying? let boards.ie show you...

[whizzbang]

Interesting thread on boards

boards.ie/vbulletin/showthread.php?t=2055143830

[Gatelodge]

**Barclaycard cuts consumer credit limits
**

Barclaycard has cut credit limits for half a million customers in an effort to reduce the number defaulting on their debts.
Britain’s biggest card issuer, with 10m holders, ** is also tightening the criteria for people applying for cards, rejecting more than half of applicants,** as well as monitoring existing cardholders’ debts.money.guardian.co.uk/news_/story … e_continue

Yikes.

The provider also stressed its actions did not have anything to do with the current credit crunch that led to the recent problems at Northern Rock.

Oh really?