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Old 04-23-2009, 11:24 AM  
Karupted Charles
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Join Date: Jul 2001
Location: MI
Posts: 1,662
Quote:
Originally Posted by PR_Tom View Post
Another thing is lets say you have a $3000 limit and you owe $2500 on it which you pay montly without fail. Some people are having their limits DECREASED down below what they owe, lets say to $1500. Now this person is $1000 over their limit, AND being hit for the associated fees! LOL.

Sure it's in the agreement that all this is possible, but holy shit thats not fair hehe.
I had this happen to me. My credit score dropped big time during my divorce due to issues with the X and though I never missed a payment to them and payed more then the minimum they dropped my limit below what I owed and got hit with a ton of Fees.
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