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billp4444 says: (3 months ago)
 0
They did the same thing to me. They lowered my credit limit from 30K to just over what my outstanding balance was (4K) with no notice. I had the card for years, had a high balance of 16K, paid it to 0. They recently increased my limit to 30K until dropping it to 4.

I told them I really didn't care -- it's their card but I was immediately cutting up the card and sending in a check for the balance, which I did last night.
(American Express raises interest rate)


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