tag:blogger.com,1999:blog-14162253.post2850275395035358226..comments2024-03-27T08:39:28.807-06:00Comments on Wash Park Prophet: Credit Cards Going Out Of StyleAndrew Oh-Willekehttp://www.blogger.com/profile/02537151821869153861noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-14162253.post-55388920172090487842010-09-09T12:45:15.167-06:002010-09-09T12:45:15.167-06:00Fair enough. Accept my apologies for your irritat...Fair enough. Accept my apologies for your irritation. <br /><br />You are absolutely right that credit card companies and regulatory changes are primarily driving the trend, rather than a true change in consumer preferences (i.e. the change in fashion preferences that my somewhat snarky headline implies).<br /><br />Too little caution has been replaced with too much caution, and it is both a real hardship for families and small businesses, and for the macroeconomy as well.Andrew Oh-Willekehttps://www.blogger.com/profile/02537151821869153861noreply@blogger.comtag:blogger.com,1999:blog-14162253.post-29874210396714826662010-09-09T11:05:45.599-06:002010-09-09T11:05:45.599-06:00Every time I make a credit card payment, the credi...Every time I make a credit card payment, the credit card company ratchets down the available credit. My credit lines are half what they were two years ago, despite a lifetime of responsible credit usage. This has caused quite a bit of trouble for me running a startup business. The title "going out of style" is thus extremely irritating to me, as it's been forced upon me.Michael Malakhttps://www.blogger.com/profile/10007582156392845677noreply@blogger.com