Credit and Debt News Roundup 6/24/09

For your education and enjoyment...the latest credit and debt news.

• With one slash, credit card companies ruin the good credit you've worked on for years. BusinessWeek
• The Better Business Bureau warns of lower interest rate scams. Mid-Michigan NBC
• More scammers use "vishing" to trick you into giving out your credit card information. This is when the scammer alters the caller ID information to make you think your credit card company is calling you. Corvallis Gazette-Times
• American Express allows cardholders to set spending limits on authorized user credit cards. Wall Street Journal Blog