Banks will start will cutting borrowing limits on credit cards as the unemployment picks up in the US. Capital One starts the crackdown which set off a swift outcry on social media. Some customers have complained in recent days their limits have been slashed by a third to two-thirds, crippling their ability to borrow from their emergency backups or lifelines. Thanks for watching this RTD Live Talk w/ Mike. Share your thoughts in the comment section below. Subscribe & click the ? icon to be notified of the next livestream. DOWNLOAD DOLLAR BEAR MARKET: YOUR SAVINGS OUT THE WINDOW NOW! https://www.portfoliowealthglobal.com/rtd/ Links from the RTD show: 1. Capital One Cuts Card Limits Amid U.S. Jobless-Aid Impasse https://www.bloomberg.com/news/articles/2020-08-28/capital-one-cuts-card-limits-amid-u-s-impasse-on-jobless-aid ? PLEASE HELP TO SUPPORT MY CHANNEL.. All gifts add up to make a difference. Thanks RTD Patreon (Monthly Support): https://www.patreon.com/rtd RTD Donation (One Time Gift): https://paypal.me/RTDeducation ================================= Get more FREE resources at the Rethinking the Dollar website here: 1. The Four Steps Towards Unplugging From The Financial Matrix https://www.rethinkingthedollar.com 2. The 5 Reasons To Hold Gold Before The Next Recession – ***Free eBook*** http://bit.ly/5ReasonsEbook 3. RTD University (30+ hours of video interviews from authors, economist & commentators) http://bit.ly/RTD_University DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar". Opinions expressed in this video should not be relied on for making investment decisions, tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education. #CreditCards #CapitalOne #CreditCrackdown