American Express reduced my credit line by 95%

[alphatarget1]

Called them and cancelled the card. I have never missed a payment, and have been a customer since 2004. I can understand them cutting it in half, or maybe even 70% to 3000 bucks. 500 is an insult and I'll never ever do business with American Express ever again. May they rot in hell.

 

[Ns1]

yeah that's pretty nuts.

 

[TheInternet1980]

That sucks.

But American Express doesn't give a shit.

 

[Tooncesthedrivingcat]

that's gonna hurt your score for a bit. And Amex has been doing this alot lately.

 

[Gothgar]

wow

 

[Cattlegod]

I got a notification from chase today that they canceled one of my cards. I haven't used it in about 9 years.

 

[fuzzybabybunny]

"That's nuts" is bad while "that's tits" is good. Frickin' double standard.

 

[JohnCU]

wow wtf? thats insane

 

[alphatarget1]

Originally posted by: TheInternet1980
That sucks.

But American Express doesn't give a shit.

I would say they lose a lot of money if I don't give them business again ever. I hope all of their high risk customers default on their CC debt and they die.

 

[TheInternet1980]

Originally posted by: fuzzybabybunny
"That's nuts" is bad while "that's tits" is good. Frickin' double standard.

Who fucking cares?

 

[JohnCU]

Originally posted by: fuzzybabybunny
"That's nuts" is bad while "that's tits" is good. Frickin' double standard.

snorgle snorgle?

 

[alphatarget1]

Originally posted by: Tooncesthedrivingcat
that's gonna hurt your score for a bit. And Amex has been doing this alot lately.

I don't need a loan anytime soon so that's good...

 

[alphatarget1]

Originally posted by: Cattlegod
I got a notification from chase today that they canceled one of my cards. I haven't used it in about 9 years.

I had just bought a mcdonalds breakfast with that card today because I don't want them to cancel it since I haven't used it in a few months. Guess I should've just kept it in the drawer.

 

[Chryso]

Originally posted by: fuzzybabybunny
"That's nuts" is bad while "that's tits" is good. Frickin' double standard.

Good post. This was very masculine.

 

[her209]

Credit card companies are going to get bailed out next. Just watch.

 

[TallBill]

Shitty stuff.

 

[JohnCU]

Originally posted by: her209
Credit card companies are going to get bailed out next. Just watch.

does that mean we'll all wake up one morning and our balances will be $0?

 

[lokiju]

Originally posted by: JohnCU

Originally posted by: her209
Credit card companies are going to get bailed out next. Just watch.

does that mean we'll all wake up one morning and our balances will be $0?

Bwahaahhaahahaahahaha!!!!!!!!

 

[her209]

Originally posted by: JohnCU

Originally posted by: her209
Credit card companies are going to get bailed out next. Just watch.

does that mean we'll all wake up one morning and our balances will be $0?

Keep dreaming.

 

[venkman]

Originally posted by: her209
Credit card companies are going to get bailed out next. Just watch.

If CC companies get bailed, then why the F should I pay my CC bill?

 

[GTaudiophile]

Same line of credit on my AMEX SkyMiles Platinum...no change.

 

[MotF Bane]

Originally posted by: JohnCU

Originally posted by: her209
Credit card companies are going to get bailed out next. Just watch.

does that mean we'll all wake up one morning and our balances will be $0?

Yes. By the way, I have some oceanfront land in Kansas, would you be interested?

 

[BlackTigers]

Originally posted by: MotF Bane

Originally posted by: JohnCU

Originally posted by: her209
Credit card companies are going to get bailed out next. Just watch.

does that mean we'll all wake up one morning and our balances will be $0?

Yes. By the way, I have some oceanfront land in Kansas, would you be interested?

 

[Gillbot]

Originally posted by: alphatarget1

Originally posted by: Tooncesthedrivingcat
that's gonna hurt your score for a bit. And Amex has been doing this alot lately.

I don't need a loan anytime soon so that's good...

Citi took my interest rate from under 10% to over 22%. Needless to say, that one is now closed. I've had that account for nearly 15 years.

 

[alphatarget1]

Originally posted by: Gillbot

Originally posted by: alphatarget1

Originally posted by: Tooncesthedrivingcat
that's gonna hurt your score for a bit. And Amex has been doing this alot lately.

I don't need a loan anytime soon so that's good...

Citi took my interest rate from under 10% to over 22%. Needless to say, that one is now closed. I've had that account for nearly 15 years.

I never carry a balance so I wouldn't care if they raise the APR or not...