Originally Posted by
technique
I recently saw another post like this... I think what it means is citi is starting to approve more applications online so they can lay-off a few thousand of those people that call you up just to say "you've been approved".
oh....or maybe they need more money so they approve more people who will pay more interest and CITI makes more molney.
They realized by tightening their credit card divison belt does not help them much in earning money. Tightening home mortgage belts makes sense though.