03-13-2019, 10:52 AM
(03-13-2019, 10:48 AM)rherold9 Wrote: Speaking of credit cards, Amex sent a nice piece of mail in saying they are cutting my credit limit in half automatically because I'm not spending as much on their card. That was the only reason????? My credit score proceeded to drop 3 points. A+ plus job Amex!
Anyone have an explanation on why besides fraud concerns on their side? If they have the limit so high they can lose more money? At the same time it's pretty shitty thing to just pull out of nowhere on their customer?
Amex representative: Our Risk Department has made the determination that your life choices in racing and travel have required us to mitigate our risk. Thank you for your cooperation in our efforts to serve you better.
2020 Ford Raptor
2009 Z06
1986.5 Porsche 928S
2009 Z06
1986.5 Porsche 928S