A Reddit user is concerned because Bank of America cut his credit limit. He’s not sure why his limit was reduced by over $5,000. Possible reasons for a credit limit reduction include not using the ...
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Bank of America warns that the popularity of prediction markets could lead to bad loans
Bank of America warned easier access to prediction markets can lead to bad loans and worsening credit scores.
Bank of America is sounding the alarm over the explosive growth of prediction markets and sports gambling, warning it could lead consumers to take on too much debt and default on loans.
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Strategists issue warning on sports betting among investors as Robinhood goes all-in on its events contracts business.
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