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Companies Engage In 'Credit Line Profiling'

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Companies Engage In 'Credit Line Profiling'

Economy

Companies Engage In 'Credit Line Profiling'

Companies Engage In 'Credit Line Profiling'

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  • <iframe src="https://www.npr.org/player/embed/96154274/96154260" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Credit card companies are trying to cut the credit lines of many customers. And they're looking well beyond payment history — to who holds their mortgage, even where they shop. Customers are outraged, but card issuers say they are simply managing risk in tough economic times.