{"id":9299,"date":"2008-10-29T16:28:51","date_gmt":"2008-10-29T16:28:51","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/as_us_economy_slows_credit_card_crunch_begins\/"},"modified":"2008-10-29T16:28:51","modified_gmt":"2008-10-29T16:28:51","slug":"as_us_economy_slows_credit_card_crunch_begins","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=9299","title":{"rendered":"As U.S. economy slows, credit card crunch begins"},"content":{"rendered":"<p>First came the mortgage crisis. Now comes the credit card crunch.<\/p>\n<p>After years of flooding Americans with credit card offers and sky-high credit lines, lenders are sharply curtailing both just as an eroding economy squeezes consumers.<\/p>\n<p>The pullback is affecting even credit-worthy consumers and threatens an already beleaguered banking industry with another wave of unprecedented losses after a gilded era in which it reaped near-record gains from the business of easy credit that it helped create.<\/p>\n<p><a href=\"http:\/\/www.iht.com\/bin\/printfriendly.php?id=17330268\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First came the mortgage crisis. Now comes the credit card crunch. After years of flooding Americans with credit card offers and sky-high credit lines, lenders are sharply curtailing both just as an eroding economy squeezes consumers. The pullback is affecting<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=9299\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,595,149,593,596],"tags":[],"class_list":["post-9299","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-credit-markets","category-economy","category-personal-finance","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/9299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9299"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/9299\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}