Just reading on another board, member after member is reporting their cards being lowered. Going from in some cases 48k limits, down to 9k.. But most being in the 8-10k limit, down now to 500$!
The companies no doubt know things are going to get tight, and want to lower limits before they get left on the hook, by people maxing out their cards. But damn, thats gotta suck for ones purchasing power..