PastTense

Advanta Sets Out to 'Dramatically Limit Credit Loss Exposure'

And naturally a lot of the customers will decide that since they can't borrow any more on the card it will be there lowest priority in paying off--causing charge-offs to increase a great more.

I am amazed that small-businesses customers have this high a charge-off rate. It suggests that small business is in much worse shape than most people have been saying.