Continuing the Topic of Financial Recession...

Personal finance sites go on discussing the hot topic of lending market fall and crisis. Banks seem to invent new authentic ways to cut the risks as much as possible. Egg bank in Britain made something just outstanding: they cancel the card of the customer after he pays off his balance. That is not damaging for a person's credit score. Hmm... It is better to read the original article - Applying for a Credit Card after Canceling One. In fact, it didn't add any optimism to me...